Keep detailed records of every trade you execute. Sounds obvious, but most traders skip this step and pay the price later. When you log each trade—entry point, exit point, reasoning, outcome—you build a real trading history to learn from. You'll spot patterns you missed before, catch your recurring mistakes, and actually know whether you're making money or fooling yourself. More importantly, it helps with tax compliance and risk management. Don't trade blind. Document everything.
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DefiPlaybook
· 19h ago
Honestly, recording transactions is like the difference between on-chain and off-chain; one is transparent and must be kept accurately, while the other is black-box operations that deceive oneself.
Most people skip this step and go straight into aping, then they’re confused and ask, "Why did I lose again?" It’s hilarious—without data, they still expect arbitrage.
Every trade’s entry, exit, and reason must be documented so you can see whether you truly have a strategy or are just gambling. In other words, it’s roughly equivalent to smart contract auditing in DeFi. Would you dare to interact with contracts that haven’t been audited?
Tax and risk control are manageable domestically, but true players must keep their own records in their minds.
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ColdWalletGuardian
· 01-08 22:53
Keeping a trading journal? I've been doing that for a while, but what I see is how bad I am haha
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MevTears
· 01-08 22:53
Really, most people are too lazy to record their trades, and only regret it when they lose money.
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FUDwatcher
· 01-08 22:52
That's right, keeping a record of transactions is really crucial, but indeed most people are too lazy to do it.
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Ramen_Until_Rich
· 01-08 22:50
Trading records... sounds easy to say, but how many actually stick with it? I know quite a few guys who lost so badly that they regret not keeping track.
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CryptoGoldmine
· 01-08 22:49
Transaction records may seem unnecessary, but in reality, they are the dividing line between the chives and the winners. My holding data is never ambiguous.
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0xTherapist
· 01-08 22:39
Keeping a trading journal sounds simple, but in reality, few people stick to it. I've seen too many people regret it only after losing money.
Keep detailed records of every trade you execute. Sounds obvious, but most traders skip this step and pay the price later. When you log each trade—entry point, exit point, reasoning, outcome—you build a real trading history to learn from. You'll spot patterns you missed before, catch your recurring mistakes, and actually know whether you're making money or fooling yourself. More importantly, it helps with tax compliance and risk management. Don't trade blind. Document everything.