Be a defensive trader
The mentality of a novice trader may be wrong at the beginning, because they are only concerned with making money as quickly as possible. But a more realistic mentality should be: try to protect your money. The two mindsets cannot coexist. If you only want to make money as quickly as possible, the money will slip away faster.
A rule that applies to sports also applies to trading: the best defense is offense. In this case, it means only taking trades when the conditions are favorable to you, and protecting your capital and staying out of the market at other times. Beginner's luck may be reflected in the first few trades, but luck cannot last forever.
If you have a gun, don't waste bullets unless you are absolutely sure of hitting the prey. In the same way, retaining financial strength can help you seize the truly favorable opportunity when it appears. In trading, protecting your funds as much as possible is the key to success. As long as you can control the risk, even if you encounter a strong signal but ultimately lose the transaction, you will not be greatly affected by the funds.#币安上线EIGEN #BTC☀ 