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It's all about Surviving in the game! Most traders don't know this, but through years of trading you'll realize what it's all about. It's all about managing risk, staying out of the market when you should and knowing when exactly to get in. Many traders focus on making profits, so they trade with PnL in their mind, they keep losing. Those who stop chasing profits and focus on trading the right way, They are the top 10%
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NXPC | The 18th project on Binance HODLer Airdrops
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Can't believe its been 9 years since i started trading crypto. And yet, every cycle, every trend, and every lesson reminds me i am just a student of this market. The learning never stops.
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This is where people get stuck. They donât cut their trades thinking ohh my pnl was $1000 and now its only $100 đđ I will wait for a bounce or at least $500 profit. Wrong mindset..! They end up giving back their capital not only the profits. The market will keep giving you opportunities, doesnât matter what price. But save yourself when you feel like you should.
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Got stopped out on rest of the positions. Overall in profit as i reduced the size when market was up and was closing on the moves up on a few alts. No new entries for now, Not planning to take it during the weekend. Saved myself 10 - 15% drawdown. This is what trading is, you take timely decisions based on market movements and sentiments. Preventing your capital is much more important than making money, Money will come later. Have a fab weekend guys â€ïžđ€
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