Let me introduce myself:My name is Rostislav and im a day trader ,in this blog i will be teaching you about trading strategies and giving you some good advices about trading because 90% of new traders loose money while trading.
lesson 1)
Where we trade?
There are a lot of websites where we can trade like
Binance: https://www.binance.com/en
Crypto.com : https://crypto.com/
And a lot more but this are the most popular.
In my blog we will be using Binance.
Most people trade on Binance futures because it allows to multiply their funds and profit using leverage But it can be as easy to loose money if not knowing how to use them properly but this is another lesson When i will be teaching Risk management
The most people loose money when trading because of emotions So a good trade is a strategy trade
While using different trading strategies of trading dont change them if something is going bad Just accept the loose and make a break.
After some bad trades you have to make a break, you decide how long it will be , one day or more . If i have a bad trading day im making a 2 or 3 days break and after everything is good.
Conclusion: In this short lesson we fond a platform where we will be trading and we learnt a little about emotions during trading.
In next lesson we will learn how to trade and where is a good position entry and where is not .
Gift a follow and a like so i get motivated to continue this blog please.