#EMERGENCY
IMPORTANT POST FOR ALL NEW TRADERS
I am writing this post with words of my heart, Please try to understand as i will write as simple as i can.
Mostly i give my analysis according to my knowledge and when i enter into position , after that i post here because i would never like what i don't like for myself.
In simple words, i won't let anybody go into loss because i don't want myself to dip into it.
One thing , that i always tell traders that don't go for shortcuts in trading as it will destroy you.
What i mean is that if you don't have a portfolio above 1000$ then please don't jump into Future Trading.
IF you are a trader of portfolio 100-500$ so please trade in spot.
In my previous post, i have talked about my losses of 3000$ and that was wholly in futures.
The psyche of young traders are very fragile. When they loose one trade, so they will be trying to recover the loss on that present time due to being panic and that leads that trader into extreme losses.
After huge losses, Now i am a day trader in spot only although i have portfolio of above 5000$ but i won't do future trading, if you are taking 10-20% of your spot trade then that's enough.
Every drop has it's value in making a sea. If today you are earning 5USDT per day, after an year, you will be earning 100USDT per day, so be patient and trade wisely.
Also one of my follower loss 4 USDT, and i am feeling bad for him, but will tell him one thing , that champs never loose hope. If you control your trade then you can conquer this world but if trade is controlling your psychological state then please don't do trading because it is game of patience.
The rest, always be happy and don't do emotional trading. What happens to you today should remain in boundaries of that day. Never let your yesterday disturb your today.
You can post your questions in comment section.
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