👍🏻 | EL-SHADDAI on Binance Square

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Time to just wait, until we have clear reversal signals.

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Get Your Act Together: The Power of Self-Discipline in Trading When I first started trading, I thought my intuition would be the cornerstone of my success. Spoiler: it wasn’t. Lack of consistency and discipline led to losses, even though I had attended during my school years Valley Forge, an elite military academy in the US, I found myself making rookie mistakes, but building habits turned it around. Discipline isn’t innate—it’s learned and affirmed with practice. Here’s how. 1. Build a Daily Routine: Start each day the same: • Morning (10 minutes): Scan the market, set alerts, plan. • Midday Check-In: Review performance—are you sticking to your plan? • Evening Reflection (15 minutes): Log trades and emotions. Do this for 21 days—you’ll feel more in control. 2. Predefine Risk: You wouldn’t drive without brakes. Why trade without stop-losses? • Before every trade: Define your entry, stop-loss, and profit target. • Limit risk to 1-2% of your capital. • Once set, walk away. Trust the process. 3. The 5-Second Pause Rule: Before hitting “Buy” or “Sell,” pause: • Does this align with my plan? • Am I reacting emotionally? If you hesitate, don’t take the trade. This habit saved me from many mistakes. 4. Visualize the Process: Close your eyes for two minutes. Picture yourself: • Identifying trades. • Setting stop-losses. • Logging results calmly. Reinforce the disciplined trader you’re becoming. 5. Journaling: Log these details nightly: • Setups, results, emotions, and plan deviations. Review weekly to spot patterns. Are you improving? Where are you slipping? Final Note: Discipline isn’t flashy, but it works. Stick to these protocols for 21 days, and watch the shift. Don’t want to go it alone? Click here to copy my trades and trade smarter 🚀💰. Cheers!

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But it’s not worth it being liquidated. Check out my posts, I’m sharing a lot of content on risk management, which you really need to apply. Trade safely.

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Your margin is too tight. I wouldn’t risk liquidation, it also depends where your SL is. I’d close the trade. You can easily make back that amount in a few good trades

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Amen Brother 😊

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