Follow me for insights and recommendations. Cheers and good | EL-SHADDAI sur Binance Square

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Follow me for insights and recommendations. Cheers and good luck 😊

Michelle S Barbosa

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Sou nova aqui. O que vocês acham de investir na $SOL . Tô bem animada com ela mesmo não entendo muito .

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Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.

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When Optimism Backfires: The Hidden Trap Wrecking Your Trades Optimism bias, it sounds harmless, even inspiring. But in trading, it’s a subtle saboteur, tricking your mind into underestimating risks and overestimating rewards. Here’s how it plays out: You’re convinced the market will recover. The red candles piling up? Temporary. Your TA? Spot on. So, you hold onto a losing trade, convinced a bounce is imminent. Weeks later, your balance tells the real story: optimism bias just cost you. Why Optimism Bias Hurts Traders 1. Ignoring Warning Signs: • You downplay bearish signals, convinced your trade is immune to the inevitable dip. Spoiler: It’s not. 2. Unrealistic Profit Goals: • A trade shows promise, and you picture massive gains—only to watch it reverse because you didn’t lock in profits. 3. Holding Losing Positions: • Optimism whispers, “It’ll turn around.” Your account whispers back, “Please stop.” Outsmart Your Bias • Data Over Dreams: • Analyze objectively. If the data doesn’t match your optimism, believe the numbers. • Set Realistic Targets: • Aim for achievable profit levels based on historical trends—not wishful thinking. • Stop-Loss Like a Pro: • Use stop-loss orders religiously to protect your capital. A Visualization Exercise for Clarity Picture this: You’re in a losing trade, but instead of clinging to hope, you let it go. You see your capital preserved, ready for the next opportunity. Feel the relief of moving on. Now act on it. Optimism bias is a trader’s blind spot, but awareness and discipline can turn it into your edge. For a hands-off approach and a solid growth strategy, copy my lead copy trading account. Click here to copy my trades and 🚀💰. Let’s trade smarter together. Cheers ! #tradingpsychology #tradesmart #success

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Is Trading Emotionally Draining You? Trading is not easy. Whoever tells you otherwise is either lying to you or trying to sell you a dream. Those of us who have been in the trenches know how draining it can be. You’re not just risking capital; you’re putting your dreams, hopes, and aspirations on the line. This market, much like the Leviathan, demands discipline and strength to tame. I won’t deny I’ve felt the anxiety myself—forgetting to place a hard stop loss or accidentally hitting “long” instead of “short” (yes, it’s happened). But the real emotional turmoil comes when, despite all your due diligence and planning, the market blindsides you, leaving you in what feels like freefall. Here’s how I stay centered and avoid being drained by this rollercoaster: 1️⃣ Prayer and Meditation: For me, nothing beats reconnecting with my Creator. Even Andrew Huberman, a renowned neuroscientist, speaks about the power of prayer. It’s my anchor when the storm hits. 2️⃣ Breathe: Life begins and ends with a breath. Focus on it. Pause. Inhale deeply. Exhale slowly. It’s a simple yet powerful tool to regain clarity. 3️⃣ Practice Gratitude: No matter how tough the market gets, there’s always something to be thankful for. Gratitude shifts your mindset from scarcity to abundance. 4️⃣ Step Away from the Charts: Detach. Take a break. Spend time with loved ones or engage in something you enjoy. Remember, the market will still be there tomorrow. By following these steps, you can trade from a place of peace, even in the hardest storms. If this post resonated with you, consider tipping. Your support means the world! 😊

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If you want more insights follow my account. Cheers and good luck. 😊

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Hi. Move your Stop Loss to breakeven , and set 3 take profits for each at key levels, where your last take profit is at the highest point of two days ago, just before the dip.

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Hi. Move your Stip Loss to break even price, and set 3 take profits for each at key levels, with last take profit at the highest point of Monday night, before this dip.

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