Why most new traders blow up their first account (and how to not be one of them)
Spent the last few years teaching people to trade, and the pattern is always the same:
They learn indicators before they learn risk. RSI, MACD, Fib retracements — doesn't matter which one, they all fail the same way if you're risking 20% of your account on a single trade because you 'felt confident.'
The traders who actually make it long-term all do three boring things:
Risk a fixed, small % per trade (1-2%), no exceptions, no revenge trades
Have a written system they backtested before going live — not vibes
Journal every trade, win or lose, and actually review it weekly
None of that is exciting. That's why most people skip it and go straight to chasing signals in some Discord. It doesn't work long term — you have to own your own edge.
Building out a structured course on exactly this (technical analysis + risk management + a repeatable system) over at MadMax Trade if anyone wants to go deeper. Waitlist's open. Either way — protect your capital before you chase gains.
