#ETH is going down. I am looking for price to break the ascending trend line and daily candlestick close below it then bears will take over completely and push the price down to fill the 4H TF imbalance and probably make it to demand zone @ 1713.57. Finger crossed
Clearly the exam is not the problem for the students.
It is the fear of others knowing the result and the implication this has for them. If we knew nobody thought badly of us then we would have little fear.
Trading can be good and fun if you have a belief that it is just a trading and the outcome doesn’t really matter.
This doesn’t mean that you won’t try but it means that you have perspective.
However, if you have a belief that you have to win because it reflects on your worth as a person then the trading will become intense and probably unpleasant.
What you hold as a belief will definitely affect the way in which you handle outcomes or respond to them, whatever they are.
It is better to have realistic expectations or in some cases hold no expectations at all.
Never tie your worth to your trading outcome. $BTC
Unlike tossing a coin, when we enter a trade we have a degree of control over the odds by picking good trade setups that are statistically proven to have a positive outcome over the long run.
We can stack those odds in our favour. We can also limit our losses and run our profits to come out ahead.
But that doesn’t mean we don’t get hit with this common error of judgement.
After suffering a run of losing trades, it’s very easy to think, The next trade must be better. I can’t keep losing forever
But why can’t you?
The market isn’t going to reward you for your previous string of losses.
It doesn’t know about those losses. You might have a memory, but the market doesn’t.