$BTC Boğa piyasasının zirvesindeyken BTC'ye katıldım. Ayı piyasası beni utandırdı, şimdi bu bir sonraki boğa piyasasına şüpheyle yaklaşıyorum

#Firstpostonbinanncesquare

Trade Lessons on RISK!

#Write2Earn

The last post I did was a loss. This happens to the best of the best. (I mean it happened to me!) The thing about losses is that it indicates a weakness in your trading. It's similar to failing at school, however instead of losing marks. Trading is harsher! You lose actual money.

The great thing about failure is the lessons that come with it! Here are a few I learnt:

1. Focus on your strategy =>
What happened to me was, I get into a trade. I see a post here explaining the negative case. I get skeptical and exit the trade prematurely. I enter the trade with the new insight and get burned! This leads to my next lessons.

2. The only person you should listen to is yourself. Trust your gut. Mute out all the noise here => This is very important. The so called "Guru's" here are just making speculations. In a human market no one can absolutely predict the trend with 💯 certainty. If you don't believe me go ahead and ask AI to verify my claim. It's all bullshit and the only one who can do a good trade is you. Because everyone has different financial statuses and risk tolerance. Don't listen to anyone just because they were right once or twice. Any assumptions made will eventually come to pass in a long enough timeframe. For Example, $BTC will reach 45K soon. (Bearish). No matter what statistics I give or no statistics. At some point this will be true. I will repost this when that happens and everyone will be impressed by my "fortunate prediction."

3. Journal your trades or atleast have a feedback loop => Writing down at minimum, the entry, exit, reasoning behind your trade and it's result is what allowed me to write this article. Obviously my trade journal has more parameters than this. If you'd want that shared you can comment "journal" down below.

I am confident that this is helpful to most of you. If you found value in this post, do a kind thing to someone else. More importantly share it with your network so that you make gains as a crew!

Due to the word limit here, check the full post on LinkedIn at Kiprop Kimutai

Woke up to getting ReKT! This happened because I didn't have proper risk management set for this trade. All this happened in less than 24hrs. The crypto markets are wild and ruthless. Stay safe and as you go through this post, REMEMBER TO ENFORCE PROPER RISK MANAGEMENT! As someone who shares his wins. It's important to also share the lessons from my losses!

STAY SAFE.

#Write2Earn #TradeNTell

$UMA

Bilgi, kumarbazı karlı bir tüccardan ayıran şeydir!

#TradeNTell
#Write2Earn:

Unutmayın, kendinizi dahil etmeniz gereken 3 tür işlem vardır:

1. Büyük Karlara yol açan işlemler

2. Küçük Karlara yol açan işlemler

3. Küçük Kayıplara yol açan işlemler.

Büyük Kayıplara yol açan işlemlerden kaçının.

Bu, DOĞRU RİSK YÖNETİMİ ile elde edilir!

Ticarete başladığım 3. yılımda, ticaretin, diğer birçok şey gibi, karlı olmak için yüksek derecede disiplin gerektirdiğini öğreniyorum. Zarar ederseniz, intikam ticareti yapmayacak kadar disiplinli olun.

3 yıl geçti ve hala zarar ettikten sonra intikam ticareti yapma isteği hissediyorum. Duygularınızı yönetmek çok önemli. Benden daha iyi olun. İntikam ticareti yapmayın!

#TradeNTell

Trading is great when you know what you're doing . I started out in a bull market, in 2021. Before the beginning of the bear market. I had zero knowledge but I managed to be profitable. Why? because it was a bull market! Every long made some returns. I didn't even know the concept of shorting the marekack then.

But at the beginning of 2022 and the crash began. Losses began and I was rekt! Multiple times too! Rekt at 40k, rekt at 30K then 20k! The bear taught me trading. So whenever you get into seeing your portfolio -30% bear or loose everything. Remember that you need knowledge to come back better and stronger.

As I said. Trading with knowledge is sweet. Use the bears to learn.

NB: LEARNING NEVER STOPS!

We live in a human system that keeps changing daily.
#TradeNTell #Write2Earn:

If you found value hit that like button to let me know you'd like to get more content like this. See you on the flip side!

$BTC Kısa bir Sıkışma köşede olabilir, @CZ 'nin dediği gibi. Güvende Kalın #SAFU🙏 .

#MyFirstFeedPost Hello, Binance Square!