What were the biggest misconceptions you've been under as a beginner trader? I'll start!
Misconception #1 "I'm losing my trade because I don't have perfect entry"
Lesson learned: There are no perfect entries in trading. If you wait for a perfect signal or a perfect candle, you'll end up not trading at all.
Misconception #2 "I need to find the best indicator and best strategy to win the trade"
Lesson learned: Indicators are not 100% or even 80% right most of the time! Soley relying on a pre build indicator and strategy will only make you emotional in the long run! "Why did I lose?! I followed my strategy perfectly and yet I lost?!" is what all of them say.
How bout you? What're your biggest trading misconceptions? #BTCâ #CryptoNewss #BinanceTurns7
