đą 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
đ 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.
đ 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.
đ 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.
đ Risk management, money management should fix that.
đŁïž 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 yourselfâ€ïž
đž 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,
đžYou 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
đžStop 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.
đžGet 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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