Every trader, regardless of their experience, faces a set of common pain points that often define their journey:

Emotional Rollercoaster: The constant fluctuation of the market leads to fear, greed, and anxiety. Traders struggle to keep emotions in check, often leading to impulsive decisions or paralysis.

Uncertainty: Markets are unpredictable, and no amount of research can guarantee the direction of a trade. Traders often deal with stress from trying to make sense of complex data and signals.

Losses: Experiencing losses, especially consecutive ones, is a harsh reality. Many traders feel frustrated when hard work doesn't translate into profits, and they battle with the urge to chase losses, risking even more.

Information Overload: There’s an overwhelming amount of news, indicators, and strategies available, making it hard for traders to filter valuable information from noise.

Lack of Discipline: Sticking to a trading plan or strategy can be difficult, especially when the market is moving in unexpected ways. Deviating from a plan often leads to regretful trades.

Time Management: Day trading requires full attention, and balancing it with personal life can become challenging. Missing crucial moments can lead to missed opportunities or unfavorable entries.

Technology Issues: Lagging platforms, system failures, or even human error during trades can cause frustration, especially when they result in financial losses.

Market Manipulation: Many traders feel the game is rigged in favor of large institutions, leaving them powerless to influence market movements.

FOMO (Fear of Missing Out): Traders constantly fear missing profitable trades, leading them to enter at suboptimal times or over-trade.

Burnout: The constant need to monitor markets, analyze trends, and execute trades can lead to physical and mental fatigue.

These pain points shape a trader’s mindset and journey, requiring patience, resilience, and adaptability to overcome them.
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In futures trading, opening multiple positions can be risky, especially for newer traders. Every trade, win or lose, brings valuable lessons, and losses, in particular, teach us the hard truths about the market, keeping us grounded. Early setbacks are actually blessings in disguise, giving us a solid foundation for growth.

How My Journey Began
At the start of 2024, I had been trading options in the Indian stock market. Feeling confident from that experience, I decided to dive into crypto futures. After some trial and error with mock trading, learning the ins and outs of leverage, risk-reward, and market volatility, I began scalping with a simple rule: cap my risk at $10 per trade. I'd only transfer $10 into my futures account before each trade, avoiding greed and sticking to manageable profits.

The Shift in Strategy
At first, I wasn’t too focused on a defined strategy and didn't share much about my trades, but I soon realized I needed a better plan. I began refining my approach, paying closer attention to risk-reward ratios and position management. That's when I developed my personal “10/10 Rule”: use $10 for 10 trades at 50X leverage. Even if a few trades went south, I knew the wins could balance things out. My goal was to grow my futures account to $300-350, starting with just $100.

Lessons Learned the Hard Way
The first trade didn’t go well, but I moved on. My second trade, however, was a success. I took partial profits, feeling good about my progress, but then I broke my own rule—I opened a second position before my first trade was fully realized. I moved some funds to spot as a safeguard, but the second position, in a different asset, started approaching liquidation.

The next day, things got tricky. My profitable position was in danger due to the impact of the new trade’s leverage. I learned that when you're using leverage, a new trade can affect existing ones, even if they’re doing well. It was a tough lesson: breaking my own rules led to putting both trades at risk.

The Key Takeaway
The most important lesson? Stick to your rules, no matter what. Don't let overconfidence lead to opening multiple trades if you're unsure. Every trader has their own style, but from my experience, it's critical to avoid making impulsive decisions, especially when a winning trade is already in play.
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