3 Things I Wish I Knew Before My First Trade
3 Things I Wish I Knew Before My First Trade
New to crypto trading? Learn from my early stumbles so you don’t have to make them too.
1. FOMO Is a Terrible Strategy
When I started trading, I jumped into coins just because I saw green candles and hype tweets. I didn’t even know what the project was about — I just didn’t want to “miss out.”
Turns out: buying at the top is a real thing, and it hurts.
I wish I had taken a breath, zoomed out on the chart, and researched the fundamentals before clicking “buy.”
If you’re feeling rushed or emotional, you’re probably making a bad trade.
2. Technical Analysis ≠ Fortune Telling
At first, I thought drawing a few trendlines made me a genius. Spoiler alert: it didn’t. I misread patterns, ignored volume, and didn’t wait for confirmation.
TA is a powerful tool — but only if you use it with patience, discipline, and risk management. Otherwise, it's just fancy lines on a chart.
Learn TA slowly, practice a lot, and always combine it with a bigger picture view.
3. Your Emotions Are the Real Market
No one talks enough about the mental side of trading. I’d win a trade and feel invincible, then lose and spiral into revenge trading. I let my mood drive my decisions instead of my strategy.
Trading isn’t just charts and setups — it’s also about managing your own psychology.
Journal your trades, set clear rules, and never risk more than you’re okay losing.
Final Thoughts
Trading looks glamorous from the outside — fast profits, moonshots, and financial freedom. But in reality, it’s a game of knowledge, control, and self-awareness.
Start slow, learn from mistakes (mine included), and remember: there’s no shame in sitting out a trade.
Stay grounded, stay curious —
✌️ FOMO Not
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