Hey there fellow reader!
To begin with... I've got interested into a crypto day trading back in 2021 September-November. Basically at the end of the 2021. Most likely like the most of the traders I watched some YouTube scalping strategy videos and decided to try it myself. And yes, I burnt my entire account. It wasn't much, only like 50$, but I realized that it's not that easy as it might look like. Of course, I was using high leverage 20-50x. And after a few tries I quit and a few months came back to crypto trading with the idea of becoming financially independent and I actually really enjoy learning process. Been watching YouTube videos, analyzing market, paper trades etc. I even start to read a book called "Money Psychology". But whenever I put some money into my trading account I keep burning all my cash. Basically I try to learn leverage trading 10-20x, I know some of you might say it's pointless to use leverage, but it's not about that. This whole thread is about something else. I know the reason why I keep losing my money, but I can't cope with that: rage trades, back-to-back revenge trades, the idea of making money ASAP and so on... I believe I'm not alone who keeps losing cash over and over again over trading and I thought... Maybe we have here on Sythe some experienced traders who could share some tips or couch a little bit? Also, would someone be interested to make a Discord server together and do analysis, learn and improve in trading together? I believe that would be easier. Even if I lose my entire account over and over again I keep coming back in a crypto trading, because that's the only thing I'm really curious and passionate about.
If someone wants to chat in private, please add me on Discord: Enj100#2242