🔵I will share five recommendations from my experience to improve trading results.
🟣1. Education — everything is simple here: there is no way without it (introspection, books, community, courses)
🟣2. Risk management is not just words
One of the most important lessons I have learned is the importance of risk management. Never invest more than you can afford to lose, and always set stop losses. This will help you keep calm even during the most unstable periods in the market.
🟣3. Emotions are bad advisers
Trading requires discipline and cold calculation. Greed and fear are your worst enemies. They appear due to uncertainty in their analysis.
🟣4. Diversification is the key to sustainability
A real trader does not have one favorite coin. There should be at least two of them)
🟣5. Patience is your ally
In a world where everything is changing at breakneck speed, patience may seem like something from another era. However, the biggest profits often come to those who are willing to wait.
↪️"The market is designed to transfer money from the active to the patient," Warren Buffett