I'm trading on binance since 2022. It's was really challenging for me to survive in the market.
How I still survived?
Well, let me tell you the first psychology of new traders. What they think about at first. they can make money easily in the market. so, they are determined and stay turn on even hit the stop loss. They think, what they are predicting that's going to happen for sure. When they got losses still they think it's going to happening for sometime and come back then give the target. Actually they are not flexible. When I was new I also think in that way.
Then what should I do?
Here the point when you predict market goes up/down there must be the stop loss that you spot. If the price hit it. It's okay cause that's sure market will give you somewhere new entry point. And there target will even more then the previous. As a new trader you have to accept loss as well as it's hit and wait for next entry.
Where should I enter in the market?
I only tell you to look for this three point there should be most.
1. Entry
2.stoploss
3.target
If you find this three point. Now, you can go for it immediately.
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