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running trader
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hits a new all-time high, but you’ve already sold - celebrating half-heartedly 😅
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As before, I’m sharing my running results from the past week #weeklyrunningresult
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Replacing Regret with Rationality If your order closed with a profit but the price kept rising, the classic beginner’s mistake is to feel disappointed and regret not holding on for longer. Remember: you’ve already locked in a profit, and that’s what matters most. If your stop-loss was triggered, taking you out of a trade with a small loss, and then the price soared — don’t dwell on it. Serious trading offers countless opportunities to re-enter the market and make a profit. Instead, analyze what happened: should you have entered at a lower level, set a wider stop-loss, or perhaps averaged your position? Every situation requires its own analysis, and each evaluation helps you gain experience and increase the chances of success in future trades. Don’t regret — analyze! Experiment with different approaches, refine your skills, and stay committed to your path to success! $BTC #BTC
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True? 🥹$BTC
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The best opportunities for practicing scalping are currently on #ACT and #PNUT High volumes and the involvement of many traders create volatility, while predictable support and resistance zones help pinpoint buy and sell points. Have fun with it, but don’t get carried away—keep your risk low, use only a small portion of your capital, set stop-losses, and remember that there’s always another chance as long as you have your capital intact. $ACT $PNUT
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Greed. This is a common challenge for traders, especially after closing a trade with a profit, only to see the market keep rising. It can feel like the trade was closed too early, that there was potential to earn more. This often leads to self-doubt and the urge to re-enter, despite basic trading principles advising against it—especially when the price is already at a peak. Typically, peak prices hold for only a few days, and the missed profit potential might be around 3-10%. It’s challenging to resist entering trades at these highs, particularly when prices reach all-time highs (ATH). But it’s essential to keep a cool head and remember that buying at a peak carries a high risk of capital loss. Often, prices pull back before any new growth, offering better entry opportunities later. Stay grounded in the fundamentals, avoid giving in to destructive emotions, and act logically and consistently. #CryptoAdvice $BTC
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