>try to trade off instinct
>always hodl too long when I should have sodl during dips
>keep raising the point I want to sell at, then it dips before it gets there
>lost 20% initial investment
>start trading exclusively with stop losses and buy limits
>start actually making money
>>3056259
*meant sell limits
>>3056914
Because he set targets and limits and stuck to them. One of the golden rules of trading is not to get emotional and stick to your limits. The moment you start thinking "oh i'll wait till it goes up another 5%" is where you start losing your money
>>3056934
this, I misssed so much gains by being too greedy
>>3056259
Preach brother, you're gonna make it.
I think right risk management is 80% of success