🟢 Some of the main reasons why you can't profit from the crypto market:
- You are a panic trader
- Patience is very low
- Take emotional entry
- your mind set is very weak.
- Greedy
👉 Panic selling starts when the market goes down a bit with entry. When the market goes up a bit without taking an entry then force yourself to take an entry and lose. No patience Just because of this you can't profit.
👉 You need to have a strong mind set to get profit. The mind set should be such that you don't take or book profit until you reach your entry point, target point.
👉 After taking entry the market is going down, let it go down. What goes down will come up. Never panic. Panic sell then pump and you regret it.
👉 Risk management, money management should fix that.
🗣️ Market pumped or dumped before you took the entry. No problem, Don't regret bro. This is crypto market, there is no shortage of opportunities! If you miss an opportunity, 5 more opportunities will come! Don't despair, have confidence in yourself❤️
🔸 Trading is business, it is normal that there will not be continuous profit in business. It is possible to become a profitable trade only if you make the right decision at the right time. There are months when I do 5-6 trades a month. It depends on the market conditions. Patience is important,
🔸You can never become a good trader by trading every day and you will not get good profit. It can be seen that you have gained 10 days and lost it all in 1 day. Good traders never trade daily they wait for a good opportunity
🔸Stop worrying about day trading. Always wait for good opportunities. You will panic if you trade daily. you can't sleep. Good trading definitely requires a fresh mind. Need to be healthy.
🔸Get the fund management right. If you trade with high margin on impulse, you will lose everything. So learn risk management. Learn to be patient. Build-up strong mind set.
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