How to Adjust Your Mindset?
In fact, mindset is an indispensable part of trading, and it is closely related to your profits and losses.
For example, when you see others making hundreds of thousands or even millions on a trade, and then look at your own trade, which only made a few thousand, you may start to fantasize and feel inadequate. You might think, why didn't I go all in on this trade, why am I such a failure, why is my profit so trivial?
At this point, it is actually a problem with your mindset.
You should never compare your profits with others in trading; instead, compare entry points, exit points, and position management. Such comparisons can lead to your own improvement, and little by little, this can lead to a qualitative change.
There is a saying in the principles of being a person that also applies to trading: "Do not do evil just because it is small, and do not neglect good just because it is small."
In trading, this translates to: "Do not take small losses lightly, and do not disregard small profits."
Especially for small funds, when you realize small profits repeatedly, your principal will gradually increase, and when a certain opportunity arises, you will have the capital to create a qualitative change.
When you take too many small losses, your principal may disappear, and when opportunities arise, they may no longer be relevant to you.
If you enjoy contracts, like to study market trends, and research techniques, click on my avatar. I have years of experience and tips in the crypto circle, which I share freely. I am waiting for you in the circle, always online, welcome to discuss and improve together.