If you hear someone talking about all the good stuffs found in Crypto & Forex Trading you will think that its just a take money business but you should know "There is Holy Grail in Forex", When i first got into the Crypto investment business back in 2016 i was so determined and hoping to make millions. I used to spot good crypto on the market but the tables turned when i started doing Forex Trading. In Forex at first i was killing the Markets but i made a huge mistake when i joined a group of other Traders on social media and i ended up mixing my own strategies with other trader's strategies. From there my world turned dark and started making losses and it forced me to find some Crypto and Forex trading study materials on the web.
I dug a lot of information and started learning new things such as Support & Resistance level, Fibonacci, Trend-lines and i went back in to the market again and it was the same problem and its like i was losing more. I went back in after i was told to use Price action and i studied some stuff and i read differed books which seemed to clash with other info that i was studying. Some would say don't use stop-loss because there is whats called stop hunts where stop-losses are triggered and some would say use stop-losses to protect your account i ended up losing a lot more.
Someone who practice 1 kick 10 000 times is better than someone who is practicing 10 000 kicks.
Mastering the skill will make you a pro and therefore less mistakes
I took a break for some months because my mind was corrupted and i wanted to wipe out everything that i thought i knew about Crypto and Forex trading from my mind because my mind was now filled up with confusion and i was just donating my money to the brokers and devs. When i thought i was ready i went back and started learning again and that time i was polishing up my old strategy.
I revisited my old strategy and i spiced it up and gave it a name "The dRv3.2 Combo Strategy" and it was made up of Order Blocks, Trend-lines in collaboration with the Price action. That time i was like an eagle i was making some kills and as you know no strategy is 100% perfect i would make some losses at times but it was reasonable. That time i was now seeing that there is light at the end of the tunnel and that when is started calling myself The Defiant Pathfinder.
I thing that i learnt and i think it can be useful to some of you here, never copy what other traders are doing. Just find yourself first and know what type of a trader you are and then get in and learn from the game. Things such as handling emotions you will only learn to control them once you are in the game so that is why its always advisable to always start small so that you minimize the risk.
On the Crypto Investing side do not put all your eggs in one basket, instead invest in different projects and spread the risk. Lastly always have a trading plan and trade your plan, Once you do that i guarantee you that you can even fly without wings.