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How important is it to get a good night's sleep after going to the market? We know that an average day at work is 8 hours long. In some jobs, like being a dentist, you can't work more than six hours because you have to sit in an uncomfortable position and everything around you is buzzing, making noise, etc. Since the work is harder, dentists work less because they have less to do. 😴How long should a trader sleep? Trading is not a job; it's an enterprise. A trader's job is to make decisions, take risks, and put money at risk. A trader seems to have the easiest job because all they do is sit in a chair and push buttons. But, from a psychological point of view, this is one of the hardest jobs in the world. 💰 From my own experience, I can tell you that the less you trade, the better your results will be. When you spend less time in the market, you make fewer decisions, feel less fear and excitement, and have clearer thoughts. 🚀 This is a simple formula that says you should stay away from the market as much as possible. Behind the charts, the best way to spend a day is for no more than three hours. At least in the beginning. Then you won't have to worry about making too many trades, getting too excited, or losing your focus. All other time you can do some research or learn how to trade, basics, strategies, provide backtests if you love trading, but not trade on exchange. #psychology #TradingTips
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- 80% of trades should be simple and easy, and - only 20% - more difficult; - 80% of profits are provided by 20% of trades: - 80% of the time in the market is not worth trading, and only 20% can be traded; - 80% of trades must be made in OTT (optimal trade time), and only 20% can be made on other time frames; - 80% of trading success is a direct result of trading psychology and money management, and 20% is the result of a strategy/system #BitcoinTherapist
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I increasingly fall into the rabbit hole of my demons
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$BTC Global liquidity and BTC, historically it has always worked and BTC has caught up with liquidity)) #CPI_BTC_Watch
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where are we now? $BTC
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