In trading, especially for newbies, greed is the biggest enemy. If you can control your greed, you can completely recover your losses and achieve sustainable profits over time.
I have experienced this very clearly myself. I had maintained continuous profits for over a week, but just a moment of losing control, greed took over, and I suffered a loss of about 200 USD.
My account has increased from 4500 USD to 5203 USD, but after just one day of making a mistake, the balance dropped to 5000 USD. I am currently working hard to recover and have reached 5061 USD.
What I learned from this experience was:
👉 Always strictly adhere to the trading plan.
👉 Absolutely do not let emotions influence buying and selling decisions.
My Trading Strategy
I mainly use the combined method of RSI and MACD to determine the buying point:Buy when RSI is below 30 (tín indicates that the asset is being oversold mức). The MACD is flattening or crossing above the signal line (báo signals that an uptrend may đầu). Green candlesticks are forming (xác receive more chiều) reversals. Timeframe used: I check the overall trend on the 1-hour and 4-hour charts to make sure the main trend is supporting the trading position. Then I look for a specific entry point on a 15-minute or 5-minute frame to optimize the buying and selling point.
My Assets Focus on Trading
I frequently trade with $SOL (Solana) due to its high liquidity, volatility that aligns with my strategy, and technical signals that are easier to identify compared to many other assets.
Advice
If you want to trade successfully:
Build a clear strategy for yourself and adhere to it absolutely. Patience and discipline are more important than seeking quick profits. Don’t let just one day of impulsive emotions destroy the efforts of a whole week of disciplined trading.
⚠️Note: This article is for reference only and does not constitute official investment advice. Please conduct your own research and consider carefully before making investment decisions.
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