⁉️1. What should be the driving force behind your trades, replacing emotion?
✅ Strategy

⁉️2. The single most important rule a trader must follow is never to risk more than what percentage of their total account on a single trade?
✅ 1 to 2 percent

⁉️3. What does correct position sizing protect besides capital?
✅ The trader’s confidence

⁉️4. What quality does the video state always beats luck?
✅ Discipline

⁉️5. What is the benefit of consistently tracking and reviewing your trades over time?
✅ You’ll notice patterns in the market and in yourself, leading to real growth

⁉️6. The video warns that mixing strategies without clear boundaries quickly leads to what?
✅ Chaos

⁉️7. What is the first major step in creating a trading plan?
✅ Pick your setup and choose one strategy (e.g., trend following, breakout, DCA)

⁉️8. The video advises tracking and reviewing what three specific factors after every trade?
✅ Entry, exit, and what you felt (emotional state)

⁉️9. What is the core reason most new crypto traders lose money?
✅ They dive in without a plan, relying on vibes and wishful thinking

⁉️10. The trading plan will not guarantee profits, but it will remove what negative factor from your trading?
✅ Chaos

⁉️11. Before pressing buy, what critical component must a trader set first?
✅ Their stop-loss

⁉️12. The stop-loss is described as the trader's what?
✅ Emotional seatbelt.

⁉️1. What is the critical warning about the RSI that separates pros from amateurs?
✅ RSI doesn't guarantee a reversal.

⁉️2. The use of RSI, along with other tools, helps a trader filter out what?
✅ Emotional noise.

⁉️3. What market condition does a reading above 70 signal?
✅ Overbought territory, meaning buyers might be running out of steam.

⁉️4. How do pros use an RSI dip to 30 during a clear uptrend?
✅ As a signal to buy the dip, riding the existing trend's momentum.

⁉️5. The video emphasizes that RSI is designed to objectively read what two factors?
✅ The crowd's emotions and momentum.

⁉️6. How do pros interpret an RSI pop above 70 during a clear downtrend?
✅ It's probably just a short-lived bounce, a chance for sellers to jump back in.

⁉️7. What is the primary function of the Relative Strength Index (RSI)?
✅ It measures how fast and how strong price moves (momentum)

⁉️8. On what scale does the RSI indicator move?
✅ Between 0 and 100.

⁉️9. What is the phenomenon called when the RSI stays above 70 for an extended period in a strong trend?
✅ Riding the rails.

⁉️10. The final advice is that mastering this indicator can give you a real what?
✅ Edge.

⁉️11. What stronger signal suggests that the momentum behind a price move is fading?
✅ RSI Divergence (price new high, RSI lower high)

⁉️12. What market condition does a reading above 70 signal?
✅ Overbought territory, meaning buyers might be running out of steam.