During a time like that, you will see many stories on Reddit Twitter, etc talking about how crypto scams and how they lost everything, etc, this is regular in the bear cycle, so make the point of you reading these stories to learn from people's mistake and make a list to avoid falling in the same mistake.
Once again trading without a plan is like gambling nothing different, so set a trading plan and follow it, if you can't do that here trading plans we set. 👇
you can check out it in previous update .
⚔️Set your Battle plan, 💣
If you make your plan and lose the battle, at least you will learn from your mistakes, but if you don't, this is the real loss.
"This is How Trading goes"
The green days passed and red days have come, it's a cycle, nothing can still be the same forever.
But the question is do you have a plan for this red cycle, as were your dreams in the green one?! Did you prepare yourself from the green days to survive to safely pass these red days?!
if you did that, then you have nothing to worry about.
What we did and what we shared with you?!
We are ready for that for a long time, we save our ammo for this fight, we try to avoid the loss as we can, we want to be this surviving until the storm passes, then start again
What's our ammo in this fight?!
if you want to be this survivor, be sure to learn how to manage your Ammo(FIAT) with the risk management, before you take a real step, set your plan and check Risk/Reward if you want to win this fight. if you did that, then welcome to the real trader's community!
Why risk management!
The main thing you need to know is you can't survivor here without risk management, The trading is like a battle, and your ammo in this battle is your money",
so if you wasted your ammo without management, you will lose the battle, or you will get killed"so stay safe, by following risk management.
There are some people who want to earn $1000 with a trading capital of $100 for that they ignore risk management most of them go to leverage (money holocaust), then they lose their money!! actually lose everything, more than the money they lose, they lost their trust in themself.
You have to know that the market is about ratio and proportionality!!
So, if you earned $10 with $100 trading capital this is a good thing, and if you turned $100 to $200, with risk management, this is called trader, until you kept a fixed ratio of profit, in this time you deserve to call yourself a trader (Pro Trader)
for sure, this can`t happen overnight, so you need to train yourself and mental preparation, etc, and with this, you will make a profit with us or alone if you learned how to do that, now know how trading works and why risk management is important.
Not much important how much you gain from green days as how much you will be survivor during red days, during green your kids can give you buy signals, during red days only survivors will stay and ride the new wave.
so decide which one you want to be.
🙏we ask Allah reconcile and repay🙏