WARNING⚠️ HIGH RISK📍📍📍
Your capital is at risk, you need to stop✖️ trading now ‼️
If you don't know the answer for these questions ,your capital is at high risk, Everyone likes to trade & make profits,you watch videos,you learn,you seek help,all because you want to earn money, But do you really earn money or are you losing it❓
Ask these questions to yourself & understand if you are really following all the necessary steps before placing a trade.
🚥Do you know the basics of trading? are you familiar in identifying & analysing the charts,patterns,candles, Volume, FVG, support & resistance,RSI, accumulation, manipulation & distribution?
🚥What is liquidity? How & where is liquidity created? What happens when there is a liquidity at any level of the chart?
🚥Do you analyse the market trend? do you analyse the long pattern on the charts ?
🚥Do you understand the market? Do you know when the whole market can go bullish/ bearish? Do you know whether to trade along with the trend or go against it?
🚥Do you have your own Strategy ?Do you use any strategies in your trades? Did you take time to learn about strategies?
🚥Do you use a SL and TP? Do you know what RR is? Do you know how the RR is related to your winning rate?Do you know what SL hunting means & how to avoid it?
🚥How many trades do you take daily? how many do you win? Do you document all your trades & study on the wins & losses? have you ever learned from your mistakes ,do you feel progress everyday?
🚥Have you used a demo account to practice your trading skills & backtest your strategies? how long have you practiced in a demo account? what is your winrate?
🚥Do you check the total & circulating supply of the coin? Do you know what marketcap means & how it affects the price in future?
If you don't have a solid answer for these questions,you must rethink & start learning all these before you can trade & make some Profits.
Ask me your doubts in the comments 💬, I will be happy to help❤️
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