If your initial capital is still below 2000 USDT, I suggest you read the following at least three times.
At the beginning of the year, I helped my brother start with 1,800 USDT and, in four months, he increased it to 64,000 USDT. No margin calls, no holding losing positions, and no big losses.
His success was not due to magical indicators, but to three simple, although traditional, methods that can really save your life.
First, diversify the size of your position.
Divide your 1800 USDT into three parts:
1️⃣. 600 USDT for intraday trading, at most one opportunity a day;
2️⃣. 600 USDT for swing trading, never trade without a clear direction;
3️⃣. 600 USDT is your base capital; even if you lose the first two trades, you can start again.
Betting everything at once and ending up with nothing is your end.
🔴 Second, if you don't understand something, go to zero.
Don't get carried away by sideways markets, don't trade in tight ranges, and stay away from the market when the direction is unclear.
❗80% of the losses come from the urge to "do something."
Only open when the overall trend is clear. Even one or two trades a week are better than trading daily.
🔴 Third, set firm rules and eliminate emotions.
🗣️ A 2% stop-loss should be as natural as breathing; take half of your 4% profit; only real profits are yours; if your account has a floating profit of over 20%, withdraw 30% immediately.
😱
If you lose, you lose; never average down hoping for a "bounce."
😌 Don't take unnecessary risks, don't cling on, and don't deceive yourself. What’s the result? Your account went from 1,800 to 64,000.
And more importantly, now spend less than ten minutes a day reviewing price levels, no longer staying up all night watching the market and no longer worrying about market movements.
😎 To survive longer in this industry, remember this: as long as you have capital, the opportunity will always be there.
Speed is not about entering aggressively, but about minimizing losses.
