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These nine lessons are for bros who are still losing money


1. The smaller your bankroll, the less greedy you should be. Catching one market move you understand each day is enough. Don’t go all in or expect to turn your life around overnight.
2. When good news is priced in, don’t rush to chase. Prices may have already risen before the news comes out. Be especially careful of profit-taking when prices surge.
3. Reduce your position before major news. Nonfarm payrolls, CPI, Fed rate decisions—if you can’t tell which way things will go, stay out.
4. Always keep your position small for the medium to long term. The longer you hold, the more can change. A position that’s too large can get shaken out along the way.
5. For short-term trades, follow the trend. Look to buy pullbacks in an uptrend and wait for rebounds in a downtrend. Don’t overtrade in a sideways market.
6. Understand the rhythm of price moves. Don’t rush to short a slow climb or chase a sharp rally. Be especially wary of a pullback after a sustained surge.
7. If you’re wrong, admit it—don’t stubbornly hold on. Exit as soon as your stop-loss is hit. Never let a short-term loss turn into a long-term one.
8. For short-term trades, watch the 15-minute chart more. Use volume, trends, and key levels to guide your judgment. Indicators are just a tool—don’t treat them as gospel.
9. Stop trading after a string of losses. Don’t get carried away when you win or rush to make your money back when you lose. If you’re not in the right headspace, close the app.
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Remember: Technical analysis determines how much you can earn; risk management determines how much you can keep.
Crypto has never lacked people who get rich overnight. What it lacks is people who can hold onto their money after making it.
Survive first; only then can you talk about turning things around.
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