Here are a few tips to help you survive and grow your portfolio over the long term🏴☠️:
⭐️⭐️DO NOT FOMO after news and wait for breakout confirmation!
⭐️⭐️Don't try to combine 50 technical indicators! Choose one that suits you and master it! In my opinion, it's best to combine it with indicators that are not time-dependent. Such as (Patterns, Moving average, volume...)
⭐️⭐️Avoid trading just before/after important STOCK market news (CPI , FOMC...).
⭐️⭐️⭐️Avoid HIGH LEVERAGES & privileged SPOT TRADING!
⭐️⭐️⭐️DIVIDE YOUR CAPITAL & NEVER BET 100%!
⭐️⭐️⭐️Don't invest money you need to live on!
⭐️In most cases, it's easier to follow the tendency in place.
⭐️Invest +/- according to your confidence!
⭐️Give more importance to your analysis! not to others (social networks ...)!
⭐️⭐️Don't try to trade excessively. If you reach a stop loss, change assets! DON'T HOPE, BUT APPLY YOUR RULES!
⭐️BE PATIENT during periods of high volatility, or reduce your targets!
⭐️There will always be periods of gain and/or loss! You must understand it!
⭐️⭐️Avoid holding an open position for long if you have little or no confidence in your analysis (update it regularly)!
⭐️Learn from your mistakes. I have spent hours and reviewed thousands of analyses, good and bad! Try to understand why you lose, why you win.. ?
⭐️⭐️⭐️GOLDEN RULE: NEVER SELL AN ASSET YOU'RE HOLDING LONG-TERM! UNLESS THERE'S BAD NEWS!
In 2017, shortly after #Binance opened, I held several hundred thousand $MATIC , $LINK and a few thousand $BNB . I could easily have become a multi-millionaire, but in trying to trade I lost everything😂. learning can be a long process!
⭐️⭐️⭐️INVEST A LARGE PART OF YOUR (PORTFOLIO / GAINS) FOR THE LONG TERM!
Unfortunately.... many of you will never apply those advices and will continue to lose in the long term..!
I hope you'll remember some of my advice! See you soon! 🐸🚀
