mindset
29,284 views
27 Posts
Hot
Latest
Even if no one believes in you or supports your dreams, go out there and chase them anyway. Don't let anything hold you back. Your determination and passion are enough to carry you forward. Believe in yourself, stay resilient, and keep pushing towards your goals. The journey may be tough, but your dedication will make it worthwhile.
#mindset #coaches #motivation #7figure #viral #explore #empowerment #gohard
#mindset #coaches #motivation #7figure #viral #explore #empowerment #gohard
How your Ego will destroy your trading performance
In the high-stakes world of trading, success is not merely a matter of knowledge and strategy. There exists a less tangible, yet equally formidable adversary that every trader must confront: the ego. Often overlooked, the ego can silently erode the foundations of sound decision-making and disciplined trading practices.
The pitfalls of ego-driven trading
Overconfidence: Traders who fall into this trap believe they can consistently outsmart the market, leading to excessive risk-taking and disregard for established trading plans. The reality, however, is that the market is inherently unpredictable, and overconfidence can quickly result in significant losses.
Inability to accept losses: A big ego struggles with admitting mistakes. This can cause traders to hold onto losing positions for too long, hoping the market will turn in their favor, rather than accepting a small loss and moving on. The consequence is often a much larger, devastating loss that could have been avoided.Ignoring market signals: An inflated ego may lead traders to believe they know better than the market. This dangerous mindset can cause them to disregard critical market signals and trends, basing decisions on personal beliefs rather than objective analysis. Such disregard for the market's reality can spell disaster for one's trading performance.Lack of continuous learning: Ego can convince traders that they have nothing left to learn, leading to complacency and stagnation. The market is constantly evolving, and success requires continuous education and adaptation. An ego that blinds a trader to new knowledge and strategies is a significant barrier to growth and improvement.
Unlocking the power of ego: can it be an ingredient to trading success?
All this being said, a certain level of ego, when properly managed, can actually be beneficial. A balanced ego can foster self-confidence, motivating traders to take calculated risks and pursue opportunities they might otherwise shy away from.
It can also drive the resilience needed to bounce back from setbacks, fueling a determination to improve and succeed in the face of adversity. This nuance suggests that the ego is not a trader's enemy per se but rather a force that must be harnessed and directed appropriately.
Do we need to burn ourselves to learn?
However, the key lies in maintaining this balance, ensuring that confidence does not spill over into overconfidence, and that resilience does not morph into stubbornness.
It raises the question: Just like small children who have to burn themselves to finally understand the hard reality of fire, do traders need to be liquidated to learn respect for the market?
#write2earn #write2learn #trading #mindset $PEPE #memecoin
The pitfalls of ego-driven trading
Overconfidence: Traders who fall into this trap believe they can consistently outsmart the market, leading to excessive risk-taking and disregard for established trading plans. The reality, however, is that the market is inherently unpredictable, and overconfidence can quickly result in significant losses.
Inability to accept losses: A big ego struggles with admitting mistakes. This can cause traders to hold onto losing positions for too long, hoping the market will turn in their favor, rather than accepting a small loss and moving on. The consequence is often a much larger, devastating loss that could have been avoided.Ignoring market signals: An inflated ego may lead traders to believe they know better than the market. This dangerous mindset can cause them to disregard critical market signals and trends, basing decisions on personal beliefs rather than objective analysis. Such disregard for the market's reality can spell disaster for one's trading performance.Lack of continuous learning: Ego can convince traders that they have nothing left to learn, leading to complacency and stagnation. The market is constantly evolving, and success requires continuous education and adaptation. An ego that blinds a trader to new knowledge and strategies is a significant barrier to growth and improvement.
Unlocking the power of ego: can it be an ingredient to trading success?
All this being said, a certain level of ego, when properly managed, can actually be beneficial. A balanced ego can foster self-confidence, motivating traders to take calculated risks and pursue opportunities they might otherwise shy away from.
It can also drive the resilience needed to bounce back from setbacks, fueling a determination to improve and succeed in the face of adversity. This nuance suggests that the ego is not a trader's enemy per se but rather a force that must be harnessed and directed appropriately.
Do we need to burn ourselves to learn?
However, the key lies in maintaining this balance, ensuring that confidence does not spill over into overconfidence, and that resilience does not morph into stubbornness.
It raises the question: Just like small children who have to burn themselves to finally understand the hard reality of fire, do traders need to be liquidated to learn respect for the market?
#write2earn #write2learn #trading #mindset $PEPE #memecoin
How true is Chatterjee vs Norway🤔?
Legal drama film "Mrs Chatterjee Vs Norway" has been released on March 17. The Hindi language movie has been directed by Ashima Chibber and is based on the real life account of an immigrant Indian mother who battled against an entire country to win the custody of her own kids.
Norway is a very well developed country in the world 🇳🇴., may be they take kids ?- ., 12-18 years passes like 12-18 years and kids grow up lol .,
cosmos makes their men and women impotent 🤦♂️🥲 - sad energy stays there on those lands for them who creates it but doesn’t bother fixing it somehow for good and for the futuristic purposes ⚡️
👽 fix that system #mindset 🧠⚡️ for the greater good ❤️🔥⚡️🕉️🙏
I don’t understand why they built nuclear bunkers 🤔🤦♂️., learn to cooperate then building nuclear bunkers and stored the seeds.
Building bunkers out of unknown fear is easy or Cooperate and try to surf out of the Scandinavia lake into the cosmic ocean. It’s not easy but it’s worth it in a long run.
Okay other than that - my personal experiences of Norway 🇳🇴 has always been so good and great ., Hindu spices brand ⚡️😅🤣🤣 and some random chill attitude Norwegian friends 🫶
Legal drama film "Mrs Chatterjee Vs Norway" has been released on March 17. The Hindi language movie has been directed by Ashima Chibber and is based on the real life account of an immigrant Indian mother who battled against an entire country to win the custody of her own kids.
Norway is a very well developed country in the world 🇳🇴., may be they take kids ?- ., 12-18 years passes like 12-18 years and kids grow up lol .,
cosmos makes their men and women impotent 🤦♂️🥲 - sad energy stays there on those lands for them who creates it but doesn’t bother fixing it somehow for good and for the futuristic purposes ⚡️
👽 fix that system #mindset 🧠⚡️ for the greater good ❤️🔥⚡️🕉️🙏
I don’t understand why they built nuclear bunkers 🤔🤦♂️., learn to cooperate then building nuclear bunkers and stored the seeds.
Building bunkers out of unknown fear is easy or Cooperate and try to surf out of the Scandinavia lake into the cosmic ocean. It’s not easy but it’s worth it in a long run.
Okay other than that - my personal experiences of Norway 🇳🇴 has always been so good and great ., Hindu spices brand ⚡️😅🤣🤣 and some random chill attitude Norwegian friends 🫶
5 TIPS TO BE SUCCESSFUL AT TRADING!
Education: Continuously learn about the financial markets, trading tools, and techniques.
Plan and Strategy: Have a clear trading plan and stick to a strategy that works for you.
Risk Management: Always be aware of how much you're willing to risk on a trade and set stop-loss orders accordingly.
Emotional Control: Keep emotions in check to avoid impulsive decisions.
Review and Adapt: Regularly review your trades to learn from successes and mistakes, adapting your strategy as needed.
#trading #control #mindset
Education: Continuously learn about the financial markets, trading tools, and techniques.
Plan and Strategy: Have a clear trading plan and stick to a strategy that works for you.
Risk Management: Always be aware of how much you're willing to risk on a trade and set stop-loss orders accordingly.
Emotional Control: Keep emotions in check to avoid impulsive decisions.
Review and Adapt: Regularly review your trades to learn from successes and mistakes, adapting your strategy as needed.
#trading #control #mindset
See original
THE MOST IMPORTANT THING - HOWARD MARKS
1. Other investors may be very smart, well-informed and more sophisticated, so you have to find an advantage they don't have. You have to think about things they don't think about, see things they don't see, or take advantage of vision they don't have. You need to have a different mindset.
2. Level one thinkers think and act alike, and so they often come to the same conclusions. And logically this cannot lead to a superior result. Obviously all these investors cannot beat the market because they are the market.
3. There are two factors that are extremely important to profiting in a bear market: You must have a view of intrinsic value, and you must be very consistent with that view in order to be able to hold a position and buy more even though the price drops and imply that you are wrong.
Well, there's a third thing: YOU MUST BE RIGHT.
4. No asset is so good that you can buy it at any price. Others are so bad that no matter how cheap you buy them, it's still a bad investment.
5. Investing has only one challenge: THE FUTURE. And because none of us can know for sure what will happen in the future, risk is inevitable.
6. Just because something happens doesn't mean it MUST happen, and just because something doesn't happen doesn't mean it's NOT LIKELY to happen.
7. Risk disappears when people forget its existence.
8. Over the course of most investors' careers, their results will be determined more by how many and how big they are than by their big wins. Skillfully controlling risk is the sign of a talented investor.
9. The best opportunities are often found in the most unexpected places.
10. You'll want to challenge risk when others avoid it, not when others take it from you.
#mindset #binance #BTC #ETH
1. Other investors may be very smart, well-informed and more sophisticated, so you have to find an advantage they don't have. You have to think about things they don't think about, see things they don't see, or take advantage of vision they don't have. You need to have a different mindset.
2. Level one thinkers think and act alike, and so they often come to the same conclusions. And logically this cannot lead to a superior result. Obviously all these investors cannot beat the market because they are the market.
3. There are two factors that are extremely important to profiting in a bear market: You must have a view of intrinsic value, and you must be very consistent with that view in order to be able to hold a position and buy more even though the price drops and imply that you are wrong.
Well, there's a third thing: YOU MUST BE RIGHT.
4. No asset is so good that you can buy it at any price. Others are so bad that no matter how cheap you buy them, it's still a bad investment.
5. Investing has only one challenge: THE FUTURE. And because none of us can know for sure what will happen in the future, risk is inevitable.
6. Just because something happens doesn't mean it MUST happen, and just because something doesn't happen doesn't mean it's NOT LIKELY to happen.
7. Risk disappears when people forget its existence.
8. Over the course of most investors' careers, their results will be determined more by how many and how big they are than by their big wins. Skillfully controlling risk is the sign of a talented investor.
9. The best opportunities are often found in the most unexpected places.
10. You'll want to challenge risk when others avoid it, not when others take it from you.
#mindset #binance #BTC #ETH
🌟 What's Holding Us Back from Getting Rich? 🤔
🌟Lack of self-belief and belief in our ideas.
Almost all people who have managed to amass a decent fortune have one common trait - they believed not only in themselves but also in their ideas. Often, their families support them. If you believe in yourself, in your ideas, and can easily envision yourself becoming wealthy, then that's already half the battle won. 💪
🌟Fear of failure.
Some people don't take risks simply because they fear failure. They might have ideas that will never come to fruition due to the fear that nothing will work out. Insecurities stemming from childhood often hinder idea realization. There's another problem: such people probably won't seek help from a psychologist or a friend - out of fear that it won't help. Overcoming oneself and taking the first, even small step forward is difficult but necessary.
🌟Laziness.
Don't be lazy. Get educated. Learn. Read biographies of successful people, study their work methods, study markets, finances, economics. Experiment with a small amount of your own money. Try different moves and schemes. And regardless of the results of the first attempts, keep an optimistic attitude. 💼
🌟Attitude towards money.
Many think that money is the root of all evil. It's not true. Money cannot be the source of anything, as it's just money. What they will be for you is determined by you. Money is a resource.
🌟Belief that happiness can't be bought with money.
That's what they say. And it's true. But money can make it so that you have to think about much fewer problems. You won't have to postpone your education or dread the rent going up. You'll be able to dedicate more time to developing your ideas, your family, and yourself. 🌟
#Psychology #mindset #inspiration
🌟Lack of self-belief and belief in our ideas.
Almost all people who have managed to amass a decent fortune have one common trait - they believed not only in themselves but also in their ideas. Often, their families support them. If you believe in yourself, in your ideas, and can easily envision yourself becoming wealthy, then that's already half the battle won. 💪
🌟Fear of failure.
Some people don't take risks simply because they fear failure. They might have ideas that will never come to fruition due to the fear that nothing will work out. Insecurities stemming from childhood often hinder idea realization. There's another problem: such people probably won't seek help from a psychologist or a friend - out of fear that it won't help. Overcoming oneself and taking the first, even small step forward is difficult but necessary.
🌟Laziness.
Don't be lazy. Get educated. Learn. Read biographies of successful people, study their work methods, study markets, finances, economics. Experiment with a small amount of your own money. Try different moves and schemes. And regardless of the results of the first attempts, keep an optimistic attitude. 💼
🌟Attitude towards money.
Many think that money is the root of all evil. It's not true. Money cannot be the source of anything, as it's just money. What they will be for you is determined by you. Money is a resource.
🌟Belief that happiness can't be bought with money.
That's what they say. And it's true. But money can make it so that you have to think about much fewer problems. You won't have to postpone your education or dread the rent going up. You'll be able to dedicate more time to developing your ideas, your family, and yourself. 🌟
#Psychology #mindset #inspiration
If you just have $100 as initial capital, it's better to use 3x - 5x leverage, and trade with small size.
Winning $1 - $2 per trade maybe seems small, but it's actually 1% - 2% of your portofolio.
If your initial capital is $100,000, it means $1,000 or 2,000.
The goal is to go there, but we start small. We build our skill first and increase the size slowly.
#trading #mindset #smallcapital
Winning $1 - $2 per trade maybe seems small, but it's actually 1% - 2% of your portofolio.
If your initial capital is $100,000, it means $1,000 or 2,000.
The goal is to go there, but we start small. We build our skill first and increase the size slowly.
#trading #mindset #smallcapital
