1/ It seems every #trader has to do the same mistakes as their predecessors. There are #wisdowms you will only understand, if you have experienced them yourself. In this thread I will give you the #wisdom, which can make the difference between being broke and driving lambos #btc
2/ Money is made in big swings
When realizing what profits can be made with trading, many start daytrading and want to #profit from every movement. You won't make more #money. Instead you will lose plenty of time. Watch big time frames and take positions for weeks #btc#trading
3/ When entering a #trade, have targets and a stop loss order
There is nothing more for you to do. There are two outcomes:
-you being stopped out
-you reaching your target
either is fine
realizing losses > being a bagholder
realized profits > unrealized profits
[...] "The watchman’s task has always been a thankless one.
"There are treacherous fifth column elements, who are really working for the #defeat of the #nation, at the hands of its enemies.
"These subversive elements readily gain and hold the #public’s ear, because they soothingly tell the people what they want to hear. Go back to sleep, no danger can come, and there is nothing you can do.