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CRYPTO MECHANIC
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followed the plan i shared 2 days ago nicely.
#cryptotrading
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How to Stop Emotional Trading? it's down to one thing only.. What is actually happening? Identify your Problem in great depth. Don't just say: "'i'm overtrading." What exactly are you doing? The full process, from start to finish. Once you get extremely clear on your problem, you have to identify one main thing: Find the Emotional Trigger Just before you get emotional, there is always something that actually triggers you. You have to carefully pinpoint this event. Is it taking a stop loss? Or a take profit? Is it being on a losing streak? Is it seeing a big move and you want to get in? ls it seeing another trader win? Identifying the event before you get emotional will help you prevent it from happening again. You then need discipline to step aside and stop trading, when you spot your trigger. So - what's your trigger?
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2 years ago today we witnessed the "FTX collapse" Those who don't know, FTX was an exchange and $FTT belongs to it Coin crashed from $22 to $1 and exchange filed for Bankruptcy.
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If you're truly involved in the markets you should not be so excited to watch the market move either bullish or bearish and realize this is just the function of the market. Emotional trading and excitement towards the market is a very quick way to lose money. There will always be big moves and opportunities. you aren't missing out on anything..!
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Have a Blessed Friday everyone ❤️
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This is where it will get interesting $ETH
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