Tag: trading mistakes

  • Taking 180% Profit Was A Mistake

    Taking 180% Profit Was A Mistake


    Howdy fellas, I want to do a different style of video where I’m talking about some of the trades that have just happened in our system.

    I just closed a trade for 184% profit,
    and taking profits at that time was a mistake.

    In this video, I want to talk about that specific trade that we got the trading signal entry for AGIX back in February 3rd, and yesterday when the prices made a top formation,

    I took profit
    but I took profits too soon.

    So in this video, I’m going to talk about how my trade was actually against my trading system.

    First of all, I want to talk about the signal that got me into this trade because it’s really important for what I’ll explain at the end of this video.

    Then I’m going to talk about why I did the exit at this time and why that was a mistake, why I knew it was a mistake and I did it anyway.

    Then I’ll talk about what I should have done with the trade but according to our trading system.

    I think it was back in early February,

    ⟁ the agix versus Bitcoin price made a 123 formation that was a consolidation and it gave us a trading signal, and

    ➜ our system bought in with a copy trading account over on bitget.

    Now the trading system doesn’t give me an exit signal yet,

    but yesterday I closed that trade and I took profit at about 180%.

    Why I Took Profits Too Soon!

    And I took that profit for two reasons that are not related to my trading plan.

    First was my ego; I wanted to prove that I’m correct and take this profit so that I have the profit.

    I didn’t want to lose the profit, and that’s my second biggest trading mistake and I’ll explain more about that.

    I wanted impressive stats in my copy trading account over following my trading plan.

    The second reason I took that trading was so that I have that in my copy trading account so that the statistics are there of the 180% profit.

    Can’t go wrong when you start stacking those 180% profits in your statistics.

    That’s great stuff for the copy trading account, but it was actually against my trading plan rules.

    Start a Trading Journal

    So if you’ve ever written a trading plan for yourself and then you did something that was opposite to your trading plan,

    it’s really important to journal every step of that trade.

    A written trading journal takes you away from the charts to think.

    Get To Know Your Errors

    So that the next time you come around to that, you can make the decision whether or not you’re going to do that same error at that same time.


    Two Types of Errors

    This is really important because there are two types of errors that you make while you are a cryptocurrency Trader.

    First is the type of error that you get punished for; you lose money.

    So pretty soon you stop doing those kinds of errors or you have to quit trading.

    The second type of error, though, is those errors that you can make just like I had made right now that you will never know that you made an error until somebody points it out to you.

    Altcoin Season Secrets – The Wave and Pullback Strategy!

    And so I want to talk about stage four of the trade, and then I’m going to tell you where you can go and learn about this for free for the next seven days.

    Stage four of the trade is where the price moves up, and then it comes back and consolidates, and you add on so that you are bigger on your winning trades on these few trades that really do the big move and pull back.

    ➤ You want to add on to those, I’m thinking, because it seems to me that we’re at the very beginning of a very large three to five-wave stage.

    Elliot Waves

    So Elliot wave theorists are going to be super excited about what might be coming in altcoin season right now.

    And that’s because we’re coming out of an especially long Wyckoff Accumulation Pattern in the charts with the altcoins.

    And so I believe everything is building up for a wave and then a pullback and then wave again.

    Two Mistakes

    And so it was a mistake for me to take profit on my agix trade for two different reasons.

    ➥ First of all, I’m being fearful when I should be greedy, and

    ➥ Second of all, I’m doing an extra taxable event if I want to get back into that trade and make the profits as it continues the rest of the trade up.

    So it would have been better for me to sit still,

    but I took that profit so that

    • I have the money and
    • so that my statistics are in my copy trading account.

    What Is Next?

    And now I’ve taken that full wad of money, I took 17, we’ll say 17, and I turned it into 52.

    I took that full 52; I put it into another chart that’s making the very same pattern that AGIX was making a month ago.

    And now I don’t know, of course, if this new chart is going to do the same thing that AGIX just did but cross my fingers.

    Let’s see how this turns out.


    And so while I’m talking about the price chart pattern for one specific coin, it’s important to that all of the altcoins move together.

    And it’s better for us to, it’s less risk if we go across more coins in smaller trades and we stay into a spot position so that there’s no cost for holding the trade for a long time.

    Hidden Cost of Leveraged Trading

    Even if you’re doing low leverage, leverage trading Futures Trading, there’s always those ongoing costs as you hold the trade.

    Where as if you get into a spot position, you can relax more because that’s how many coins you have, and it’s easier to weather through some of the difficulties.

    And you’re also there for some of those coins that do the big moves that you would could never have known that they were going to go through.

    Exposing Trading Industry Secrets – Are You Being Manipulated?

    One of the most important perspectives is to know that the exchanges and most of the YouTube influencers, they make their money by your trading activity.

    For example, I was approached by one exchange to sponsor my videos, and then I contact another Exchange that had already sponsored me, and I said how much would you sponsor me?

    And they said it’s based on how much trading activity you generate.

    So the more I get everybody to churn their account, the more the exchanges pay me as a sponsor.

    Day trading crypto and leveraged crypto trading are encouraged only by exchanges.

    So then it encourages me to tell you that you should be day trading and that you should be trading and taking profits and then trading again and taking profits.

    Whereas I’m not sponsored by an exchange, I’m not motivated by how often you trade.

    I’m motivated by the fact that you sit on those trades for a long time and you make some phenomenal profits off of these things that change your life.

    This is the kind of story I want to hear, not how often you trade.

    Trade Smart – Step Away from the 15-Minute Charts!

    I say step away from those 15-minute charts; you should be looking at the charts 20, 30 minutes a day.

    And if you’re doing more than that, then you are micromanaging your money.

    And you should trade in such a way that you can relax and let your money watch the charts instead of you.

    Thanks again for being here; I appreciate your audience.

    Trade safe and keep those losses small.

  • A Solution For Crypto Trading Addiction

    A Solution For Crypto Trading Addiction

    The elements of crypto trading addiction and gambling are a consistent risk that we must always be on guard against.

    Are you Addicted To Crypto?

    If you’re feeling muscle tension, if you’re feeling a slight background anxiety, if you’re checking the price of Bitcoin and altcoins several times through the day (and night), if you’re thinking about trading while you’re engaged in other activities, then you could be edging into the dangerous area of trading outside of your trading plan.

    I must say that I’m as guilty of “the risk to trade compulsively” in these markets as anyone. It’s something I have to constantly guard against.

    The emotions you feel while you are trading are much more important than many people acknowledge. The negative emotions created by the addiction-style compulsive need-to-watch-the-markets can begin to affect all relationships in all areas of your life – and even your health.

    Self-Talk of a Typical Trading Addict:

    • I can’t miss this opportunity, the market is going to explode any minute now.
    • I need to keep checking the price to make sure I don’t miss out.
    • If I don’t make a move now, I’ll regret it later.
    • I have to keep taking risks and making trades to stay ahead of the game.
    • I can handle the stress, I just need to keep pushing myself.
    • Maybe if I just make one more trade, I’ll hit it big and all my problems will be solved.
    • I can’t stop now, I have to keep going no matter what.

    Addicted Trader Holding A Loser:

    An addicted trader holding a losing trade might say to themselves:

    • “I can’t sell now, the price will bounce back any moment”
    • “I’ll just hold on a little longer, it will definitely go up eventually”
    • “I need to average down my position, then I’ll make a profit”
    • “I can’t let this trade be a loss, I need to keep holding and hope for the best”
    • “I’ve already invested so much, I can’t afford to sell now and take a loss”
    • “If I sell now, I’ll miss out on potential profits when the price rebounds”

    An Experienced Trader Self-Talk

    A long experienced trader may say to themselves while holding a losing trade:

    “It’s okay, losses are a part of trading. I have a solid trading plan and I know that over time my strategy will lead to overall profitability. I’ll use this experience to learn and adjust my approach in the future.”

    The difference between the two self-talk examples is that the experienced trader is more self-compassionate and focused on the long-term plan, rather than being overly self-critical and focused on the immediate loss. They understand that losses are a natural part of the trading process and use it as an opportunity for growth and learning. This type of self-talk helps the trader to maintain emotional balance and a level head while navigating the ups and downs of the market.

    The experienced trader is more self-compassionate and focused on the long-term plan, rather than being overly self-critical and focused on the immediate loss.

    Trading for Financial Freedom

    Take a moment to reflect on what’s the main reason that you got into trading Cryptos in the first place? For many, it’s for Financial Freedom which is time freedom, security, comfort and all those things. I want to have my crypto money work for me, I don’t want to spend my time working for my cryptos.

    So if I’m trading in such a way that it takes away from these reasons, then I am feeling stress. And so what’s the solution? The solution always is to change your thinking. To review your long term goals in all aspects of your life and then find a way to participate in the cryptocurrency trading that is going to open up more space for joy in your life – rather than causing muscle tension, background anxiety, constantly looking and thinking about the market.

    Finding a Low Stress Approach to Crypto Trading

    Instead of feeling stress when you can’t be there to make decisions on the market, instead of the feeling that the market may get away without you. Focus on a low time commitment way to trade crypto that opens up more time, more space for joy and success in your life.

    If your trading doesn’t feel good, you have to review it.

    It may require smaller trading positions, eliminate margin trading and eliminate leverage trading. And then refocus. Past performance is not indicator of future potential. Diversify your time in the many aspects of crypto trading and investing rather than just watching the charts to see when the prices are going to take off into the next pump.

    It’s easy to get caught up in the excitement of the market, but if your trading doesn’t feel good, it’s important to take a step back and review your strategy. This is where emotional intelligence comes in. Emotional intelligence is the ability to recognize and manage your emotions.

    When you begin to feel relief you are on the right track, when you begin to feel good you’re on the right track, when you’re spending less time managing your crypto trades (your crypto trades are working for you rather than you working for them) when you find yourself joyfully participating in other activities and you never even thought about your positions – you’re on the right track.

    Overcoming Crypto Trading Addiction:

    One of the first steps in overcoming crypto trading addiction is to develop emotional awareness.

    You need to recognize the emotions that are driving your trading decisions. Seek the guidance of a financial health professionals. Read the book “Money Is My Friend,” and start to unravel your emotional beliefs about money that were scripted while you were a child. By understanding your triggers, you can develop strategies to manage them.

    Once you’ve developed self-awareness, the next step is to develop self-regulation.

    This means managing your emotions and avoiding impulsive decisions. Self-regulation is managing your stress levels or your energy levels by choosing to tell a different story in your mind. Start to incorporate stress-reducing activities into your daily routine, such as exercise, meditation, journaling, or spending time with friends and family.

    1. For chronic or extreme stress, this author recommends attending a guided hot yoga class which combines physical movement with breath work and meditation.
    2. The emotional rehearsal meditations by Dr. Joe Dispenza are also highly recommended.

    These meditations involve visualizing a specific event or outcome that you desire, and experiencing the emotions associated with that event as if they have already occurred.

    The idea is to create new neural pathways in the brain that are associated with positive emotions and outcomes, which can then help to reinforce positive behavior and reduce negative emotional states such as anxiety and stress.

    Dr. Joe’s meditation retreats have been shown to be effective in reducing stress and improving both physical and mental health, including stress management and emotional regulation.

    Balancing Crypto Trading with Other Aspects of Life

    There is a time to work hard and put the hours into studying everything you can about Cryptos… to make your spreadsheets and to make your trading plans… but then there’s a time to stop thinking and to enjoy other aspects of life.

    If you feel the signs of Crypto Trading Addiction, if you have been spending way too much time watching the markets, if it is causing stress in other areas of life… it’s time for some changes so trading take less time to manage – and you focus on more joyful activities.

  • Reducing Risk In Crypto Investments

    Reducing Risk In Crypto Investments

    More people are searching for proven approaches for reducing risk in crypto investments.

    By following two simple risk control rules, it is possible to improve your returns and to effectively manage risk in your cryptocurrency investments – and at the same time resist the silky lure of price prediction.

    Two strategies for reducing risk in crypto investments.
    How to reduce risk in crypto investments.
    1. Managing losses in crypto trading

    One of the most important risk control rule is to reduce or close your position unless it proves you correct. This means that if an investment is not performing as expected, it is important to reassess the situation and consider whether it is worth continuing to hold the position. If the investment is not meeting your expectations, it may be necessary to cut your losses and exit the trade.

    This rule is important because it allows you to minimize potential losses by getting out of a trade that is not working in your favor. By holding on to a losing position, you are essentially doubling down on your initial error and increasing the risk of further losses. By reducing or closing your position, you are able to limit the potential for loss and to preserve your capital for future trades.

    Another reason why this rule is so important is that it helps to prevent you from becoming emotionally attached to a losing trade. It can be easy to become emotionally invested in an investment, especially if you have a strong belief that it will eventually turn around. However, this can be a dangerous mindset to have, as it can lead you to hold onto a losing position for longer than you should. By following the rule of reducing or closing your position unless it proves you correct, you are able to maintain a level-headed and objective approach to your investments.

    1. Increasing profits in crypto trading

    The second risk control rule is to press your winners correctly without exception. This means that if an investment is performing well and meeting your expectations, it is important to take advantage of this success and to maximize your profits. This can be done by “pressing your winners,” or increasing your position in the investment.

    This rule allows reminds you to take advantage of market opportunities and to push your correct position. By adding onto a winning position, you are able to capture a larger share of the potential profits. This can be particularly important if you are trading in a long trending market, as it allows you to capitalize and to potentially generate significant returns.

    This rule is so important because it can prevent you from second guessing yourself and being too conservative in a position that has been proven correct. It can be tempting to take profits early and to lock in your gains, but this can also prevent you from maximizing your returns. By pressing your winners, you are able to stay engaged in the market and to potentially capture even larger profits.

    Manage Risk, Don’t Predict Price

    Managing risk is considered to be the primary job of a trader. This is because, while predicting price movement can be an important part of the trading process, it is ultimately not within a trader’s control. Crypto markets are especially unpredictable and require proven and tested strategies for following the trend while diversifying at the beginning of altcoin season. There are simply too many factors that can influence price movements, including economic events, new regulation changes, political developments, business failures, high level frauds, and even social and psychological factors… to name a few…

    As a result, it is simply not realistic to accurately predict price movements on a consistent basis.

    The primary job of a trader is managing the two sides of risk

    • mitigating the potential for loss.
    • maximizing the potential for gains.

    A crypto traders primary job involves identifying and analyzing potential risks, developing strategies to mitigate exposure to those risks, and implementing those strategies effectively. Their secondary job is to increase exposure to risk when the trade is going in our favor.

    Why 80% of New Traders Fail

    By following a risk management approach that feels good and is easy to manage, traders are prepared in advance to preserve capital and maximize the potential for large and significant profits.

    Why Do We Focus On Price Prediction?

    Talking about price prediction is more seductive than talking about reducing risk in crypto investments for traders. It allows us to feel a sense of control in an unpredictable setting and we gain prestige and recognition from others when we are correct. However, it is important to recognize that price prediction is an unreliable activity and ultimately – it is not the primary focus of any pro trader.

    Relying on our own price prediction it too heavily can lead to poor decision-making. If a trader becomes overly focused on trying to ‘be right’ on the direction and size of price movements, they may make trades based on their predictions rather than on sound risk management principles. This can leave a trader open to much bigger losses.

    Top Crypto YouTubers and social media influencers may focus on price prediction because of a desire to gain approval from others and to earn income from views. This desire for approval can be particularly strong when it comes to activities that are perceived as challenging or prestigious, such as trading.

    Price prediction leads new traders away from the job they are supposed to be doing…

    For many traders, the pursuit of profits and success in the markets can be closely tied to their ego and their desire for social recognition. They may feel a sense of pride and accomplishment when they are able to predict price action and seek validation and approval from their peers and colleagues.

    Trading Mistakes When Winning
    Trading Mistakes When Losing

    This desire for social recognition is a powerful motivator, but it can also lead to negative consequences in trading. For example, a trader who is overly focused on seeking approval and recognition may make risky trades in an attempt to impress others, even if those trades are not in line with their overall investment goals and risk tolerance.

    Surrendering to the unknown can be emotionally challenging because it requires letting go of our ego’s desire to be in control and to have a sense of predictability. It can be difficult to accept that we cannot always know or control what will happen, and this can lead to feelings of anxiety and uncertainty.

    However, surrendering to the unknown allows us to release our attachment to certain outcomes and to expect reversals against all of our best analysis.

    When we focus on managing risk right now and not on potential results that ‘should’ happen, we naturally find a greater sense of freedom and peace in managing out trade positions.

    In the context of trading, surrendering to the unknown is simply part of the job.

    The markets are inherently unpredictable and volatile.

    However, with a good trading plan we can learn how to let go of our need to control every outcome and to predict every price movement, we can free ourselves from unnecessary stress and anxiety and focus instead we assign that difficult work for our money to do on our behalf while we do other things.

    Our only job is effective risk management. Our two risk control rules – reducing or closing your position unless it proves you correct and pressing your winners correctly without exception – are the keys that will keep you focused on reducing risk in crypto investments in order to tip the odds in the unfavorable game of trading… to your favor.

  • Crypto Trading Mistakes When Winning, Mistakes When Losing

    Crypto Trading Mistakes When Winning, Mistakes When Losing

    In the beginning, I was making crypto trading mistakes on my losing trades, and I was making trading mistakes on my winning trades.  Even with a great trading plan, I could not successfully earn a profit. 

    Watch on YouTube

    This video may provide a shift in perspective that will help, if you are making the crypto trading mistakes where you’re losing more money than you should have, and you’re also making the trading mistakes where you’re not making as much money as you could have 

    Gaining Skills With Money 

    In just ten minutes per day, you can learn to apply repeatable laws of money that can help you get wealthy.

    How can this be true? Getting wealthy is a matter of making money, keeping your money, and growing your money. 

    Even if you are making money by working at a fast food restaurant, you can get rich over time, if you simply develop the habit of saving just $20 per week – and carefully make your savings grow with just a little bit of interest, compounded, year after year. 

    RELATED: A Simple Plan To Become A Millionaire

    The trouble that most people have – that prevents them from getting wealthy – is they do not feel good about keeping their money –  and they have not practiced feeling good about watching their money grow.  

    Instead, they feel good by spending their money.  They act on the slick sales message of debt-pushers ‘get it now with easy payments’, and end up paying interest on that purchase… in effect, they are compounding the growth of someone else’s money! 

    Keep watching the other videos in this series as a way to reinforce and practice rehearsing good feelings about keeping your money and watching it grow. 

    Before we can truly overcome the two mistakes that all traders make, we need to understand them.  This understanding comes from learning new knowledge, and second, from practice.

    Mistake One

    The first category are mistakes that we get punished for. We get punished by losing more money than we should have. Most people will learn from those mistakes over time – or they just quit trading because it’s not working for them. We’ll cover some specific strategies to help you prepare in advance to keep your losses small. It’s not wrong, and it’s not a mistake to take losses in trading – but if you are making the dollar cost averaging mistake we’ll cover in a moment, then your losses are much bigger than they should have been.

    Mistake Two

    The other category is harder to identify; these are mistakes we don’t get punished. That is, when we make this mistake, we simply don’t get the benefits we should have. We may never become aware of this mistake, because there is never a signpost that pops up to say  ‘You didn’t get all these extras!’. Later in this video series, we’ll review a pro tactic that overcomes this mistake and makes winning trades bigger!

    If you are making the mistakes where you’re losing more money than you should have, and you’re also making the mistakes where you’re not making as much money as you could have – then you want to break even in your trading, but you are struggling consistently, and it’s deeply frustrating for you.

    You can overcome these mistakes. It will take some practice, but it’s so worth it!

    Why We Make Trading Mistakes

    The reason we make these two categories of trading mistakes is fear and greed.

    The successful trader feels fear and greed, and the unsuccessful trader also feels fear and greed as well. The difference is, the successful trader feels fear and greed at opposite times to the unsuccessful trader! 

    Here are a couple examples to illustrate the point.

    Mistakes When Losing

    Let’s say we have two traders that go into an identical trade that moves against them; that is, they buy the same coin at the same place at the same time and price goes against them.

    Right away, the successful trader is fearful of losing money – and so he sells out of the position quickly. The unsuccessful trader starts to get greedy because he sees that the price is now lower than it “should be” – and it’s even a bigger opportunity to ‘buy the dips’.  

    They may rationalize: ‘So if I bought 100 coins at 100 satoshi and the price is now 80 satoshi, then I could buy another hundred coins and I would average out the price… therefore I would have two hundred coins at an average price of 90, so really I’m only down 10’, and, such a trader might begin to imagine potential profits as a way to avoid dealing with the current loss; ‘When the price rebounds I’m going to make it killing because I’m into this position when it was even a bigger bargain!’

    In reality, this trader is not managing risk correctly. 

    If the price should continue to go down – the trader now has a bigger position when he’s losing. As the price goes down, he may finally get to where he’s feeling so much pain that he has to get out of the position, and ends up with a much bigger loss than he should have. Naturally, this trader will feel discouraged and kind of panicky when he trades another position. 

    And actually, that emotion is a good guide.

    You want to be feeling confident and prepared when you are ready to put on a trade.

    Mistakes When Winning

    Let’s go to the second example where both traders buy the same coin, at the same time, at the same price – and it goes with their expectations so they’re both profitable. The successful trader now feels greedy – because he’s been proven correct – any buys even more of the coin to have a larger position.

    The unsuccessful trader, however, may be fearful of losing his profits and quickly cashes in the position – too soon. As time goes on the price continues to go in the direction they wanted, the unsuccessful trader now will feel even more anxiety watching the price go… and will head into the next trade with more uncertainty, fomo and doubt.

    And so many traders gets killed in the market – by making mistakes that cause greater losses and making mistakes that reduce their profits.

    Both of these mistakes are the result of trying to do the wrong job.  Most new traders believe they are responsible for making money in their trading… but this is not our job at all.  Successful traders know their job is all about managing risk.  Reducing risk on losing trades and increasing risk on winning trades.

    Surround Yourself With Success Thinking

    DigitalCurrencyTraders hosts a private community. Interacting daily in our membership area can help you change the way you think and feel about your trades – you CAN gain the knowledge and build the habits that successful crypto traders have! 

    While you are safely adding to your savings each week, you can gain more perspective on the challenges and difficulties of trading.  You can overcome mistakes.

    When you start taking smaller losses when you are wrong, and start gaining larger profits when you are correct, added together, you end up creating a cycle of steady growth of your investments, you can trade larger volumes – and dramatically expand your future wealth potential! 

    Both paper trading and backtesting are a good starting approach. You can learn and prepare for each stage of the trade before risking real money – yet a simulation lacks the realism… Paper trading and backtesting do not include the all important emotions of fear and greed that so often cause new traders to make bad choices and lose money. 

    Now you know how the average trader is affected by fear and greed and how these emotions work against them, holding them back from making great profits, and often causing them to lose their money. 


    In a later video, we’ll reveal how to overcome some additional ways that fear and greed may be working against you in your trading, so be sure to subscribe and hit the bell notification icon so you don’t miss out!

  • Why 80% Of New Crypto Traders FAIL (And How To AVOID It)

    Why 80% Of New Crypto Traders FAIL (And How To AVOID It)

    I’m going to illustrate why it is that 80% of new crypto traders lose money and quit trading after a few months to a year.

    Maybe you lost money trading cryptos because of the way we learned our trading skills.

    If you are like I was when I first started out, you set out to learn about trading from books, crypto video tutorials, online forums and social media personalities with large followings… then you transferred money into an exchange, and were ready to find some price patterns and put on some trades!

    Maybe you were just like me, and you told yourself:

    ‘Don’t worry if you take a loss, it’s only your first trade… what do you expect?’

    So you did what you said – you put on a few trades that started well, but a few good trades and a few bad trades later, then perhaps a good trade turned into a big loss.

    Then what happened?

    The fear of failure, the fear of loss is comes in, and now you are not sure what to do next!!

    Now what’s the problem with the way I started out? What is the problem with the way many new traders may have started with cryptocurrency trading?

    Let’s analyze why new crypto traders lose money:

    Why 80% Of New Crypto Traders FAIL

    • The problem is not that you don’t know chart patterns, you’ve studied many of them.
    • The problem is not that you are not paying attention to the markets – you are watching the markets on your phone throughout the day (and night)
    • The problem is you did not have a specific plan in advance for what to do in this trading situation!

    When we put on a new trade and it does something unexpected, it’s a time of stress for us, isn’t it? And at that moment in time the fight or flight reflex kicks in, adrenaline is released and the neocortex of the brain puts our strongest habit into action.

    Why is crypto trading so hard?

    This is why I recommend that you focus on just one trading strategy, because if we have not learned trading rules and risk control rules and then practice them, if we do not ‘drill for skill’ by repeating this trading strategy over and over until it become a belief that becomes a habit, we’re simple not going to use our trading rules correctly at the right time.

    We are going to look back after our trade is closed, and will say
    ‘oh, if only I had done that, what a difference it would have made…’

    You see, in trading, it’s not what you know that counts, it’s what you do as a habit.

    Often it is of no value to you, just to know about several different trading patterns, indicators and risk control strategies.

    Your key to success in trading, is to follow your trading rules spontaneously – as a habit – when you are managing your positions. So start with laser focus on one strategy and get really good at it before adding more skills to your trading toolbox.

    Watch the first video in the guide series!

    THE Practical Guide to Cryptocurrency Trading