How to become a better trader
- Look for good entries (avoid top blasting if possible)
- If you feel FOMO, don't enter the trade
- Ask yourself how you're feeling. If you feel nervous/stressed/anxious right after entering a trade, exit
- Once you enter, open the chart & set price targets (3x, 5x, 10x, etc.)
- Set limit orders to sell at these price targets. It's much harder to take profits when you don't have a plan
- Try to sell during peak euphoria. If everyone is in, there's no one left to buy
- Never overexpose yourself to a single coin
- Example: if you have a 10 sol port, play with 0.5-1sol per trade
Always put risk management first. You're not gambling, you're trading
Take Calculated Risks
- Look for good entries (avoid top blasting if possible)
- If you feel FOMO, don't enter the trade
- Ask yourself how you're feeling. If you feel nervous/stressed/anxious right after entering a trade, exit
- Once you enter, open the chart & set price targets (3x, 5x, 10x, etc.)
- Set limit orders to sell at these price targets. It's much harder to take profits when you don't have a plan
- Try to sell during peak euphoria. If everyone is in, there's no one left to buy
- Never overexpose yourself to a single coin
- Example: if you have a 10 sol port, play with 0.5-1sol per trade
Always put risk management first. You're not gambling, you're trading
Take Calculated Risks
9 months ago