For 20 full days, I practiced on Binance Demo Trading, placing hundreds of orders. I tried different leverages and different TP/SL settings. But only now, when I look back carefully, I realize that I was weak at studying candlestick patterns. I was just placing orders without really understanding what each candle pattern meant. Aung Thu once told me, "Brother, you need to read the charts to make it work." Now I finally understand his words in a practical way.

So I used AI help and turned back to YouTube. I searched with the keyword "Advanced candlestick patterns for Trading" and many videos appeared. Some videos explained Long Wick Candles – what it means when the upper or lower wick is long. Others taught about the momentum of Engulfing Candles. That's how I started learning about eight patterns, including Long Wick Candle, Candle Color Change, and Momentum of Engulfing Candle.

While studying patterns, I learned that they are not just about showing price movement. I needed to understand the psychology behind the pattern. For example, a teacher explained that when a long green candle is followed by a small red candle, it signals that buyers are losing their strength. Reading the market's changes was both fun and challenging.

While I was spending my days with patterns, I got a message from Su Su. "Nyan Linn, I can't pass KYC on Mexc. Please help me." Su Su had helped me before with the Spring Bee game. Now it was my turn to help back. I looked at her screenshots and helped her submit KYC again. Her words "Thank you, brother" made me happy. I also taught her how to share Gift Boxes on Mexc. Later, we exchanged QR codes. Having friends who help each other is the reason I could continue this journey.

After studying patterns, I turned my focus to Copy Trading. I searched and learned about it on YouTube. The teacher in the video explained what a Lead Trader is – how to choose an expert trader to copy for you. I learned about Win Rate, how to check Risk Profile, and the difference between Fixed Ratio and Fixed Amount copy modes.

After learning from YouTube, I opened the Top 3 Trader list on Binance Copy Trading. The number one trader had a 95% win rate, which looked very good. But I didn't check his Risk Profile carefully. I was too excited and copied him immediately. In the first two days, I lost money in a row. I felt really sad. When I looked back carefully, I realized that this trader had a very high-risk profile. He was a scalper, which did not match my safe-side personality at all. I learned a lesson from this mistake – a careless mistake of not doing proper data analysis.

After doing Copy Trading for about two weeks, I felt that I should try Futures trading on my own. I also joined the Binance Word of the Day event and did research on other traders' advice on Binance Square. So I tried placing three Futures trade orders. Two ended in loss. The third one made only half of what I expected. When I reviewed what went wrong, I realized that I hadn't fully mastered candlestick patterns. I only knew their names, but I didn't know "which pattern at which situation means you should trade in which way." I understood that I needed to study deeper.

During this time, I made many mistakes. I was weak at studying patterns thoroughly. I chose the wrong trader for Copy Trading. I also lost money when trying Futures trading. I was the one who was happy to receive investment from the Elder... but now even the Elder became disappointed. He scolded me sharply, "You lack focus and you are too careless. Your experience is still young, but from now on, trade more carefully."

To all friends reading this article, I hope you also learn from your mistakes and keep moving forward. Let's meet again in the next chapter.

Jack

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#CopyTrading #DemoTrading

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