Many newcomers to the market often ask me: how long does trading take to stabilize?
I have been trading crypto for over 4 years, experiencing all phases of the market: from when BTC dumped hard to the crazy bull runs.
The three things I have learned after all this time are:
1️⃣ Don't trade based on emotions.
90% of newcomers lose because of FOMO when prices are rising and panic when prices fall.
2️⃣ Always have a plan before entering a trade.
Entry – TP – SL must be determined in advance, not after entering the trade.
3️⃣ The market always seeks liquidity.
The areas where many people place stop-loss orders are often where the price will sweep before going in the right direction.
Trading is not a way to get rich quickly, but a game of discipline and probability.
Anyone who has been in the market long enough will understand this