My Top Tips after 5 Years of Trading Experiences

Hi My name is Sina

let me tell you little about myself . im now 25 i started trading since i started my university years . as you might know getting master at trading is almost impossible and the greatest trading legends can not completely say they are the masters of trading.

i had beginners luck as some say at the starting days of my trading job . bought 2 ETH at the beginning of the bull run. this fact made my learning journey cost free . i never spend a single cent on buying some course . i have the habit of self learning for everything i learn . i used the university of the youtube for teaching my self how to trade . the only cost that i had to pay was my trading mistakes at the beginning .

As some might say : "at the bull run everybody is genius " . this was true for me too . but as you might know Bitcoin has 4 year cycle that starts at the bitcoin halving and after having a bull run the bear market arrives .

today i want to answer if getting rich quick is possible or not and what are the top tips that i learned in my 5 years trading that make you better than 95% of normal people.

Tip 1 : Never Risk more then 1% or 2% of account

at first you will blow many accounts and get rekt a lot . this simple rule will save your account from getting to zero .
if you want to know why you should use this rule i suggest you to watch this youtube video . this is not my or any of my affiliates video but it helped me a lot .

this video suggest that you have to calculate the 1% of your account every time and put that on new trade . for example if you had a good profit you have to adjust the size to new 1% of new account

Tip 2 : Always Trade 1:3 or more risk to reward ratio

personally my risk to reward ratio is always more than 1:5 . i only trade if i know there is good risk to reward ratio. this risk to reward ratio is normal in crpyto trading world . but it can be very uncommon in world of stocks trading .

this rule can make a huge effect on your trading success . you have to remember you will get most of the trades wrong but the ones that are correct will bank you huge profits.

some people think you have to have a lot of winning trades to be successful in trading but you might be surprised most of the successful trades have bad success rate but because of this simple rule they make profit

Tip 3 : when you are having losing strike stop the trading for a week

you have to always remember the way you most likely below your account is that you lose a trade and get angry and try to get back the money lost and you trade over and over until the account is empty . this was the way i below most of my accounts .

remember to NOT to over trade . you only need one good trade a week . as you analyze the chart 24 hour a day and not make a trade you might think you are wasting your time and start to over trading . you have to know market is always going to be open and the good trader is the trader that trades very small number of times .

by saying this lessons to you you most likely you would not listen to them . the way that trading works is that you make these mistakes by your self over and overs for 4 years of consistent learning and at the year 5 you start to make profits.

Tip 4 : know the bitcoin cycles and when the bull market starts

i will be making another blog post about the bitcoin cycles if this post is liked by you guys . but for short :

the bitcoin have a 4 year cycle that every 4 years bitcoin halving occurs and the speed that bitcoin gets printed by miners cuts i half . the simple thing that you might know about economics is that more the supply of something drops the price goes up . every 4 year supply of bitcoin gets half and this causes the price of bitcoin rise.

when the bitcoin starts to pump every other crypto starts pumping and we say bull market starts . YOU HAVE TO REMEMBER to not to do same mistake i did in last bull run that putting all your money in bitcoin . the best thing is that put your moeny on more risky altcoins because when bitcoin starts pumping all the shitcoins start pumping twice.

overall trading or being trading might be cool thing to tell your friends but it is not a easy thing . never belive the get rich quick scams that tell you you can be rich i 1 month in trading . the trading is like being a doctor you have to study hard for 5 years and make a lot of stupid mistakes to be able to get profitable . these people just trying to sell you courses that are already available for free on youtube or blog posts like this

currently im 25 and trying my best to make money and i would do my best to have the time to create part two of this kind of posts that i talk more deeply about my Trading journey . feel free to contact me for more chat . i would be happy to chat with you <3

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