‎A Word to New Traders + My Recent STEEM/USDT Trade Setup ‎

Good day, everyone. It's a pleasure to share these particular moments with you all. I'm going to talk about my trading journey. So if you're you’re to trading, I understand how you feel. Sometimes it can be exciting, but other times, it’s confusing and frustrating. You may look at the chart and wonder what exactly you’re supposed to be doing.
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‎But one thing I’ve learned is that trading teaches you patience, discipline, and self-control. If you jump in without learning properly, you’ll likely lose money quickly.
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‎Let me share my recent trade and how I planned it, and also give you some advice based on my experience.
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‎My STEEM/USDT Trade Setup

_{the steem chart on trading view}

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‎- Pair: STEEM/USDT
‎- Timeframes Used: 4H, 1H, 5M
‎- Entry Prices: 0.13329 & 0.13427
‎- Stop Loss (SL): 0.13713 & 0.13840
‎- Take Profit (TP): 0.13047 & 0.12614
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‎Why I Entered the Trade:
‎I noticed that the price failed to make a new higher high and grabbed liquidity by only touching the previous high with a wick. Then, the price broke the recent swing low. That’s what we call a Change of Character (CHOCH) — it shows the trend might be reversing.

‎I marked my 4-hour Fair Value Gap (FVG) and Order Block (OB). When the price returned to that area, I went to the 1-hour chart to refine the zone. I found another FVG and OB. When price tapped that level again, I checked the 5-minute chart, saw confirmation (another CHOCH), and then entered the trade.

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_{the trade is still running on profit}

[SteemX Image #2](Loading... 100%)

‎My Confidence:
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‎I felt confident about this setup because I’ve backtested this type of movement. It follows the SMC (Smart Money Concept) strategy I’ve been studying. I placed two trades — one near the 1-hour OB, and another closer to the 4-hour OB — in case the price went higher before dropping.
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‎My Advice to New Traders
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‎- Be patient. After placing your trade, set your stop loss and take profit, then step away. Don’t watch the chart all day. If the trade fails, review and learn from it.
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‎- Wait for confirmation. I used to lose money from using limit orders without proper confirmation. Now, I’ve learned to wait for clear signals before entering.
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‎- Manage your risk. Don’t trade with your full account. I now risk only 1 from my 2 accounts using 5-10x leverage. Small risks, steady growth.
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‎- Don’t follow hype blindly. I once bought a coin just because someone hyped it online. It dropped badly. Always do your own research before entering a trade.
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‎- You don’t need an expensive mentor. I don’t have a mentor, but I keep asking questions, backtesting, and journaling. You can grow by doing the same.
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‎Final Words
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‎If you’re new to trading, don’t rush. Take time to understand how the market works. Backtest strategies, learn from your mistakes, and keep asking questions. There are no shortcuts — if you try to skip the process, you’ll end up losing money.
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‎I’m still learning every day. I study price movement, draw zones, observe liquidity, and reflect on my decisions. I believe that with time, I’ll become profitable, and it must surely come to pass. And when that time comes, I’ll look back at all the struggles, Crazy drawing on a chart, learning candlesticks, marker structure, et , and I will be proud of how far I’ve come.

‎_{I couldn't include all the images I should have provided because there has been an error on Steemit recently}

‎Thank you for reading. If you have any questions or want to talk more about trading or this setup, feel free to ask. I don't mind; I'm open, and I can learn from you, too. Let’s grow together.
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