GO TO SLEEP!!
My biggest trading loss ever happened years ago, during an all-nighter. I stayed glued to the candles, convinced I could outsmart the market. But here’s the truth: when you’re running on fumes, your mind isn’t operating at 100%. You make sloppy decisions, second-guess yourself, and miss the obvious. That’s exactly what happened to me.
The next day, after I finally got some sleep, I opened the charts and saw the damage: I had lost everything—my entire portfolio, wiped out by a margin call. (Yes, I was a rookie, and yes, I put everything into one trade. But that’s another story.)
Here’s the crazy part: after sleeping, it felt like I had taken the Limitless pill. Everything became so clear. The charts practically screamed at me, showing how wrong I had been. The price and volume? Completely out of sync with what I thought was happening. Bullish volume was strong—the market wasn’t crashing. It was rallying.
Yet in my sleep-deprived haze, I ignored every clue. My brain was so numb I couldn’t see what was obvious to any beginner. That trade wasn’t just a financial loss; it was a brutal lesson in trading psychology.
That happened years ago, and since then, my approach to trading psychology has transformed completely. I’ve established certain protocols to ensure nothing like that ever happens again. One of those rules? SLEEP.
When you sacrifice rest, you gamble with your ability to think clearly. Trading isn’t just about charts or strategies—it’s about mindset. And a tired mind makes mistakes.
So, if you’re tempted to pull an all-nighter staring at candles, ask yourself: Is it worth risking your judgment, your plan, and your portfolio?
Trust me, it’s not. Go to sleep. The market will still be here tomorrow, and you’ll be better prepared to face it.
Happy Weekend! 😊