Hmm, Good piece of advice, but in my view you cant be profitable in any strategy or by using any tip if you are not good at compounding and Risk management. Some people just ignore it as they know what Stop loss is and how and when to execute the trade, but risk management is the game changer in my view.

Imagine you are using a 2:2 trading setup, believe me the chances of being successful here are too narrow you need to know that n order to be portable you need to win in 1/2+1 trades and the profit won't be called as profit haha as 2% wth is that.

Now if you are good with your skills to manage risk at 4:2 now this is a big deal, some people will realize it now just learn a bit about it then put it in execution with your portfolio, and you'll know how critical this factor is, with that ratio management you need to focus on how much trades your portfolio allow you to take per day.

For Alts be very careful as OP said they sucks.