TheAttackingFishbone

A new trader's lessons learned: 1. Risk first, profit second; 2. Open small positions, add to key levels; 3. Missing out isn't losing, it might be avoiding pitfalls, don't feel regret; 4. Don't regret selling early, what you earn is real; 5. Trade quietly by yourself, avoid distractions from others or other matters, otherwise you'll likely make poor decisions; 6. Don't get carried away, admitting defeat is better than liquidation; 7. Stop trading after consecutive wins or big gains, as further trades are more likely to lose; 8. Control yourself, don't trade lightly without market signals; 9. Don't trade against the trend (bottom-fishing), especially with altcoins; 10. Always set stop-loss orders, especially with altcoins! (For Bitcoin and Ethereum, small positions can skip stop-loss or set a distant one unlikely to be hit); 11. Don't add to positions easily, as doing so reduces your chances of turning the trade around.