IntroToCryptos.ca
Part 2 — Preparation for Trading
Trading Is More Dangerous Than Driving · Why Most New Traders Fail · Drill for Skill · Your Next Lesson
Would you climb into a plane, watch the instructor point at the controls, then take off alone on day one?
Of course not. Yet that is almost exactly how most people start trading crypto.
They read a few articles, follow some big accounts, fund an exchange, and place a trade — with no plan for what to do when it goes wrong.
Common numbers suggest about 80% of new traders lose money and quit within a few years. The cause is rarely a lack of chart knowledge. It is the blank-mind moment when the market does something unexpected and there is no pre-planned response ready.
Part 2 fixes that, and there are still no charts here. This part is pure preparation.
Trading is more dangerous than driving. On the road, other drivers try to avoid hitting you. In the market, other participants are happy to profit from your mistakes in a heartbeat.
The fix is what I call drilling for skill — the same way a martial artist or a surgeon practices until the right response is automatic. We cover how most people learn to trade and why it fails, the single most important principle of trading, and the two mistakes that almost every trader makes.
This is also why I trade a rules-based system. When every entry, stop, and exit is decided in advance, that blank-mind moment never gets the chance to cost you.
Start with the first lesson and see how you learned to trade — it may explain a lot.
Continue Part 2 — How We Learn to Trade Crypto
Trade safe, and keep those losses small. Cheers.
With the wrong approach, trading can lose all your money, consume all your free time, it will even consume your mind while you are doing other things.
By studying the dangers and difficulties, we can begin to understand WHY we must modify our own behavior and make the choice to become a master the craft of Risk Management so we may avoid the worst dangers of trading.
Pre-Course Reading
This original course starts on Page 38 of my book (new updated edition is coming out to match the updated course content)
But sometimes I think the most valuable information for dramatically changing your financial success, is in the first 37 pages!
Be sure to read through this important first section as it presents a key perspective that I needed to learn before my trading became successful.
If money makes you anxious, resentful, fearful or angry – the first section of the book may be helpful for you as well.


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