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EL-SHADDAI
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Fear and Greed: The Silent Puppeteers of Your Trades You’re in a trade. The market dips, and fear takes over. “What if it crashes further?” You sell in a panic, locking in losses. Hours later, the market rebounds, and you’re left wondering what went wrong. Or maybe greed gets the better of you. Your trade’s in profit, but you think, “Just a little more.” The market reverses, erasing everything. Sound familiar? These scenarios aren’t rare—they’re the reality of trading under the influence of fear and greed. Let’s unpack them: • Fear: 1. Panic Selling: Acting impulsively to avoid losses, only to realize you jumped the gun. 2. Missed Opportunities: Fear keeps you on the sidelines, watching others capitalize while you hesitate. • Greed: 1. Overtrading: Chasing every move, racking up fees, and increasing exposure to risk. 2. Holding Losers: Convincing yourself the market will “come back” while your capital drains away. Here’s the truth: fear and greed only control you if you trade without a plan. I never enter a trade without one. Before placing an order, I know: 1. How much I’m willing to lose if the trade fails—my risk tolerance is non-negotiable. 2. Where my stop loss is set. It’s my safety net against the unexpected. 3. My take profit targets. At least the first one, where I lock in gains and secure a win. This plan is unconditional—a roadmap I follow, no matter the chaos. Your edge as a trader isn’t in avoiding emotions—it’s in controlling them with discipline. If you found this post valuable, consider tipping. Cheers! #tradesmart #fearandgreed
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Time to Face Your Biggest Enemy! Go, Look at Yourself in the Mirror Let’s not sugarcoat it: your biggest obstacle in crypto trading isn’t the market, the whales, or even those pesky liquidity grabs—it’s you. Every impulsive trade, every ignored stop-loss, every time you convinced yourself, “This time it’s different,” only to face liquidation—it all comes down to you. Harsh? Maybe. True? Absolutely. Why You Are Your Biggest Enemy 1️⃣ Emotional Trading • Fear & Greed: Fear makes you run when you should stay, greed keeps you holding when you should let go. Together, they’re a masterclass in bad decision-making. • FOMO: Jumping into trades because you might miss out is like chasing a bus you weren’t supposed to catch anyway. 2️⃣ Cognitive Biases • Confirmation Bias: Cherry-picking data to fit your narrative is how you turn potential gains into definite losses. • Overconfidence: Just because you nailed one trade doesn’t mean the market owes you anything. 3️⃣ Lack of Discipline • Inconsistent Strategies: Switching plans mid-trade is like changing maps halfway through a road trip—you’re going nowhere fast. • Impatience: Trying to force the market to move faster is a surefire way to end up broke. How to Outsmart Yourself • Build a Plan: Treat trading like a business, not a gamble. Define your goals and stick to them. • Control Emotions: Practices like mindfulness and meditation aren’t just trendy—they’re weapons against fear and greed. • Learn from the Past: Reviewing trades isn’t optional; it’s how you stop repeating mistakes. • Educate Yourself: The more you know, the fewer excuses you’ll have. • Take Breaks: Sometimes the best trade is no trade. At the end of the day, trading isn’t about mastering the market—it’s about mastering yourself. Copy my lead copy trading account, and let’s beat the market together. Click here to copy my trades and 💰🚀. Cheers!
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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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