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If you give up now, you lose. Survive this, and you'll win big. We're almost there. The choice is yours. Riches are calling.

Mistakes are the most important aspect in this game. Fail better each time. As long as u learn from them there is nthg wrong with them. In order to keep improving while being wrong u need to survive and it's called longetivity. The longer u stay in this game the more experience u build. Ofc u need the real experience not holding and hoping for a miracle to happen. Im talking about trading. In order to keep that longetivity going u need to apply risk management. If u have a 10k$ portfolio as a beginner and u risk 1-5% on each position with an SL of -30% let's say on it and an average RR of 5. You can be profitable with a 30% win rate. And on top of that u can lose a lotttt of trades and u can stay in the game (aka longetivity). There are calculators for this math u can find them online. Anw my point is to show how insanely important risk management and using SLs are and trailing them as your position gets into green. You have no idea how important they are and until u start using them right u wont experience them in order to know how important they are. U can take the same concept and apply it to Poker or some betting games: Trading is having an edge in the market, if u are having a coin flip game with 70% of getting head and 30% getting tail, you would bet always on heads which is your hedge but if u go all in or even have a bad risk management long term u will lose no matter what. There is a study showing that of which only the ones that used less than 10% of their capital each flip won long term. Again Longetivity. Even when u become an elite trader u think u can start going with more risk and go above 1-5% risk. In reality u wont bcz this what made u become an elite. The "Discipline" u built in order to achieve elite status. If u go against that u ruin the discipline u built through the years.

1. It may be a bit counter-intuitive, but the hardest and most competitive things are actually the easiest to win at. At least half of the people think it’s too difficult and never even start. Among those who do, another quarter give up when they don’t see immediate progress.…

Took some additional risk off the table today, reduced my $SOL position by a decent chunk. Narratives it had going for it ran out a while ago, and now most relevant levels have been lost too & going for underside retests. Had been reducing my position heavily between $200-300 already, just not very interested in holding a major bag of a chart that looks like this. Sol has been my biggest win in crypto since 2017 - perhaps the coins can now make a new bottom buying chad rich too. Holding a few coins just so that I don't seppuku when it reclaims. 🫡

Stopped out of both trades 1 win 1 loss At a $5300 total profit