Careful‼️ 10 Mistakes to avoid to be a profitable trader
Hello everyone
Each one of us stepped into the crypto world with a dream of being successful, I personally spent more than 10 hours a day watching videos, reading books & searching multiple ways to learn better strategies everyday.
After a longtime, I am here to share my honest review on what I learnt. I have done everything in the last 6 months to prepare myself to be a profitable trader.
From all my experience, I personally feel that trading is simple, it is people who make it hard for you, always consider these points in mind before preparing yourself for trading.
-Never refer social media to learn new strategies, YouTube, Instagram and Such channels can help you learn the basics like the key, support, resistance, FVG, patterns etc. but not strategies
-Of course there are working, strategies that will give you potential profits, but the hard truth is, You cannot get it from anyone or anywhere, so how do you find a strategy that really works?
-The only way is to take time & analyse the charts on your own to find out your own working strategy.
-Trading is simple, identify & create your own strategy which really works, A well established strategy can help you earn millions.
-we confuse simple trading with alot of unnecessary terms & techniques, no technique is required, it is simple buy sell game.
-Developing your own strategy may not be simple, you may fail for days, weeks & even months, it may take you a year to develop a successful strategy.
-But guess what, it is worth it, if it can make millions for the rest of your life, why not spend a year preparing it, we prepare ourselves for use less exams to qualify for a 4 - 5 slave job, why not show that consistency here, why not do it for future?
Remember! Consistency is the key
Bonus Tip
Never keep checking a trade once you have set it, set your TP & SL & allow the trade to play out.
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