My journey has been incredibly tough as a futures trader.

Only recently I am reasonably consistently profitable. I too have made mistakes, my most recent one being losing 879 USD on April 14.

Most traders will not acknowledge their losses, while projecting only the gains. This is only telling one side of the story.

Oftentimes, we complicate a lot of stuff even though they are in essence very simple.

I see article after article projecting hindsight bias.

Hindsight bias is the tendency for people to believe that they could have predicted a past outcome accurately, even though they were unable to do so in real-time. As an example, many people claimed “I knew it” when the dot.com bubble burst hit in 1998, however very few predicted it. 

In a bear market, many make the mistake of -

1. Going long in futures

2. Buying the dip

3. Excessive leverage without a proper strategy.

Remember to never trade against the trend.

Simple rules will save you.

Never do mock or paper trading, because in essence you are taking the emotions out of trading, and you're missing the whole point.

Its easy to have your emotions in check when you are trading with paper money, very difficult when your real money is on the line.

You too, can be profitable in any market, if you manage to follow simple rules, and keep a reasonable stoploss on every trade.

#write2earn🌐💹 #futurestradingtips #Futures_Trading #BitcoinHalvingImpact #BullorBear