Just treat trading like a job, where everything is serious. I also realized that without risk management, it is almost impossible to make a profit.

How do you deal with fear? Probably, like many others, at the beginning of my trading journey, I managed to make $700 in a week; for me, this was a success and it seemed like 'wow, why am I even working a regular job?' But then came the losses -$250 per trade, which gradually worked off, -$450 per trade, and some minor failures! In the end, I am still in profit; I managed to recover a bit in spot trading.

The first lesson I learned is risk management, simply setting stop-losses. Knowing this even before entering the market did not save me; I thought I was in control, but here the market controls everything!

There’s a lingering feeling, and now I’m afraid to enter the market with amounts over $50. What should I do?

Continue trading with small amounts to hone my skills and work on my psychology? I think I will try that.

The second lesson for me: even though you understand with your head what actions need to be taken to avoid losses, until you feel this drawdown in your own skin, you will make thoughtless actions driven by emotions.

Wishing everyone profits!

The second lesson for me: $BTC $WIF