$BTC No frills, 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 that the only thing that keeps you alive in this market is RISK MANAGEMENT.
An operation where we go 50x without a stop loss and in cross margin can go well for us 1, 2, 10 times or maybe 15, but that one time it goes wrong will take away all your accumulated profits.
Many people despair at seeing a trade winning +400% but what good is that if you never take profits? Did you want to go to sleep, wake up and see that you were a millionaire, only to wake up and see that the market took what you never claimed as yours?
With this, I want to say 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 can't win them all; when you accept the stop loss and know that this time the market was right, that is when you will improve as a rival. Study where and why you made a mistake and the next day you can fight back because it didn’t take all your capital, just what you were willing to lose if it 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, feel free to follow me.
This is a battle of retailers and small investors vs predators who will do the cruelest things to take your money away.
Don't be greedy and always take something out before they do it first.
I would love to hear your opinions.
An operation where we go 50x without a stop loss and in cross margin can go well for us 1, 2, 10 times or maybe 15, but that one time it goes wrong will take away all your accumulated profits.
Many people despair at seeing a trade winning +400% but what good is that if you never take profits? Did you want to go to sleep, wake up and see that you were a millionaire, only to wake up and see that the market took what you never claimed as yours?
With this, I want to say 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 can't win them all; when you accept the stop loss and know that this time the market was right, that is when you will improve as a rival. Study where and why you made a mistake and the next day you can fight back because it didn’t take all your capital, just what you were willing to lose if it 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, feel free to follow me.
This is a battle of retailers and small investors vs predators who will do the cruelest things to take your money away.
Don't be greedy and always take something out before they do it first.
I would love to hear your opinions.