two main reasons why I know I am a bad trader that will hardly change.
- I can not stop. No profit is enough. There were countless nights where I have not slept and kept looking at the charts. At the end I assume it is more the adrenaline than the profit. One bad trade can take everything that I gained in the last week or a month .. I assume this comes from my former gambling addiction which I successfully manage to hold now.
- 100$-200$-300$ are not enough to start trading and expect some big gains in short period of time ( I am from a 3rd world country so the standard of living here is much different then the 1st world countries ) .. Maybe if you are patient enough you can make some significant portfolio in 3-4 years, but I do not have the patience virtue. And also, if you risk in some shitcoins maybe sometimes you can get lucky .. But this is big if ...
That is why, after reading so much about it in this subreddit, in the last 3 months I put a small % of my income and DCA weekly in BTC only. If I mention the amounts, for some of you this will be even funny :) But for me it is a lot. And if I manage to hold to this strategy for 2-3 years, maybe I can really make some life changing money and escape the matrix :)
Thanks for reading this! Have a great day!
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