The Truths About Being a Trader and Survival Guide

One morning you wake up, and while browsing on X, you see a screenshot: +8.5R, 100% win rate, 10 trades 0 losses... Someone else has made 4x "just in the morning session," and another person says, "I changed my life with just 15 minutes a day." Sounds nice, doesn't it?

But the stage of this work and the backstage are very different.

Looking at the chart and opening a trade seems easy, but the real issue is knowing why you opened that trade, what structure pushed you to make that decision, and most importantly, when that structure will become invalid. If these fundamental points still haven't settled within you, that is to say:

-If you don't know technical analysis
-If you couldn't grasp how algorithms work,
-What is volatility, what does liquidity do if it is still unclear...

Not entering this market, at least for now, will be to your benefit.

Statistics are screaming:

-76% of retail traders lose most of their capital in the first year.
-The constant winning trader ratio is between 5-8%, which mostly consists of a volatile group that cannot secure their profits.
-In markets with high volatility like crypto, this rate is even lower.
-Even the most successful traders often have another job. In other words, it is an exception rather than the rule to make a living solely from trading while being in front of the screen all day.

Despite all this, if you still say "I am in this business", I can give you a roadmap, not a dream.⤵️

1-Quit your current job.

Trading might be your main source of income one day, but even when that day comes, you need to think very carefully. There are no guaranteed salaries, annual raises, or insurance in this job.

Learn to protect your capital.

In the first stage, the goal should not be to make money, but to learn without losing money. Small capital, low leverage, plenty of patience.

Consider it as an additional income.

2-3 successful trades a week won't lead you to financial freedom, but over time they will provide extra earnings. And maybe one day they will satisfy you more than your main job.

4-You cannot buy time. Because there is a cost to it.

Trading is as much a technical job as it is a mental sport. If you wear yourself out mentally, you lose your chance of winning. So take a break, step away, and start again.

I was very mistaken at first too. I thought it was easy. After winning the first 2-3 trades by chance, I experienced a burst of confidence. Then I paid the price for the lack of a system. I was wrong. I burned. I learned.

I am still learning today. Not just gains, but losses are also experience. If you are going to commit to this business, you need to be able to digest not only the gains but also the mistakes. Trading is not easy. But if done correctly, it elevates you to another level, not just financially, but mentally as well.