$BTC Without beating around the bush, I made my portfolio and trading statistics public. I started a new strategy at the beginning of the year and it is giving me good results, but I want you to know that the most important thing is not the strategy to achieve sustainable profitability, but the only thing that keeps you alive in this market is RISK MANAGEMENT.
A trade in which we go to 50x without stoploss and cross-trade can go well 1, 2, 10 times or maybe 15, but that one time it goes wrong it will take all your accumulated profits.
Many people despair to see a trade winning +400% but what good is that if you never take profits? You wanted to go to sleep, wake up and see that you were a millionaire and on the contrary you wake up and see that the market took what you never claimed as yours.
By this I mean that risk management is what makes your portfolio grow organically, with gains and losses.
If you are in this game you must accept that you cannot win them all, when you accept the stop loss and know that this time the market was right, that will be when you improve as a rival, study where and why you were wrong and the next day you can give him another fight because he did not take all your capital, but what you were willing to lose if he was right.
If you are interested in more reflective posts like this or want to know the strategies I use or learn more about risk management, do not hesitate to follow me.
This is a fight between retailers and predators who will do the cruelest things to snatch your money.
Do not be greedy and always take something from him before he does it first.
I would like to read your opinions.
A trade in which we go to 50x without stoploss and cross-trade can go well 1, 2, 10 times or maybe 15, but that one time it goes wrong it will take all your accumulated profits.
Many people despair to see a trade winning +400% but what good is that if you never take profits? You wanted to go to sleep, wake up and see that you were a millionaire and on the contrary you wake up and see that the market took what you never claimed as yours.
By this I mean that risk management is what makes your portfolio grow organically, with gains and losses.
If you are in this game you must accept that you cannot win them all, when you accept the stop loss and know that this time the market was right, that will be when you improve as a rival, study where and why you were wrong and the next day you can give him another fight because he did not take all your capital, but what you were willing to lose if he was right.
If you are interested in more reflective posts like this or want to know the strategies I use or learn more about risk management, do not hesitate to follow me.
This is a fight between retailers and predators who will do the cruelest things to snatch your money.
Do not be greedy and always take something from him before he does it first.
I would like to read your opinions.