🎤🎤🎤Here are 7 important lessons I learned along the way🎤🎤🎤
$BTC $BTC $ETH I left my 9 to 5 job to focus on day trading at age 22 and my income increased from $50k a year to $15k a year month.
1. Risk management is crucial for consistent profits. It's not just about potential winnings, but also about limiting losses to stay in the game.
2. Continuing education is essential because markets are constantly evolving. I invested in books, courses and webinars to improve my trading decisions.
3. Maintaining discipline and following my trading rules was challenging but ultimately rewarding.
4. Emotional control is vital to dealing with financial losses and the psychological impact they can have.
5. It is important to be able to recover from losses both emotionally and financially.
6. Keeping a trading journal may seem tedious, but it has become a valuable tool for analyzing my trades and learning from mistakes.
7. Patience is essential in negotiation. Waiting for the right opportunities can make a significant difference to profitability compared to constant trading.
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