Trading is not an easy thing. And I do agree that before doing it, we must prepare many things in order to be exactly ready for trading.
Actually, the first point of finding a strategy that matches us is yes that is basic.
1. Find a strategy that works for you:nt to be a good trader, you must be able to devote all of your time to it. Since you are making money from it I believe it really worth giving all your time.
We can know the right strategy actually from learning by doing. We can do what others doing or combine the strategy or modify certain strategies on it.
And we must also decide what kind of trader we are. Are we a day-trader? Scalper? Short trader? Or others?
Because these will also influence how we will determine the next points.
2. Risk management
About the risks management, I will add also the management of funds or emotions. We must be able to decide how much we will trade for certain coins, how much we will get to the target, and how much we can use for others.
We must also be able to manage our emotions in order to be wise, smart, and not panic. And these management systems will influence the risks.
3. You must give yourself time
I am wondering about giving my time or not trading. Because I am sure that I will need certain spare time in order to take a break from trading, getting entertainment, fresh air, exercises, and others. This will really help.
4. Dedication and commitment
Commitment, yes, exactly.
Dedicating all times for trading? Well, it will depend on what kind of trader we are. If we are a day-trade, yes of course.