Crypto markets are driven by many things, and emotional trading is one of them. This market doesn’t stand still for us, it moves fast, and it’s easy to get caught up in highs and lows. But the market doesn’t wait for us to make the decisions we make, and the emotional decisions we make often lead to losses. If you’re serious about creating a sustainable strategy, here are five tips to help you trade with a clear head:

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1️⃣ Set a plan:

We all know that the first thing we need to succeed in anything we do is a proper plan. If we can’t formulate a proper plan, then it’s impossible to achieve success in anything. The crypto sector is no exception. The first thing we need to do is set a proper plan, and then stick to it. Before you buy, know your entry and exit points. Avoid making decisions based on panic or excitement.

2️⃣ Use Stop-Loss and Take-Profit Orders

Automate your risk management:

Another important thing we need to emphasize is that the crypto market is volatile. So if you want to maintain your stability in this volatile market, you must use some tools. That is why you must use stop loss or take profit so that you can maintain your risk management properly. These tools help you take emotion out of the equation by executing trades when your targets are hit.

3️⃣Don't check prices frequently:

One of our bad habits is that we check prices repeatedly at short intervals. Which is one of the reasons for our losses. Constantly looking at charts can be an overreaction. Set a specific time to review your portfolio and market news.

4️⃣ Avoid revenge trading:

Many times when we take a loss from a coin, we don't want to accept it. Rather, we jump up to recover the loss. That's why without realizing it, we take another trade and it's a lot of revenge. Which is another big stupidity of ours. Just took a loss? Don't try to overcome it with risky moves. Take a break, reevaluate your plan and come back with a level head.

5️⃣ Continuously educate yourself:

We have no tendency to learn at all. These markets are becoming more complex as time goes by, so if we want to survive in these markets, we must educate ourselves and accept this mentality. The more you understand the market, the less likely you are to act on your emotions. Follow reliable sources and learn from experienced traders. Always trade on reliable exchanges with large liquidity to protect yourself from market volatility.