Euphoria, greed, and FOMO are three psychological factors that hinder successful trading.

1. Experiencing euphoria after several successful trades, many start opening additional positions with increased risks, using high leverage and large volumes. As a result, they often lose all their earnings, and even worse, end up in the red.

2. Greed prevents timely closing of trades: traders wait for greater profit and ultimately close positions at a worse price or even incur losses. It is important to remember that missed profit is not a mistake. There is no stability in trading; the main thing is to preserve the initial capital. Additional profit is merely a pleasant investment bonus.

3. Often, having missed an entry opportunity, a trader sees the price rising in the desired direction and begins to experience FOMO — the fear of missing out on profit. This feeling pushes them to open a position at the 'highs', which often leads to losses.

Trading is not only about market knowledge, the ability to read charts, discipline, risk management, and money management.

One equally important foundation is to have a worthy, beautiful woman by your side.

A wife who will support you, inspire you, and give you confidence in the future. With whom you will be psychologically resilient.

If you don't have a woman — forget about all pornography and masturbation.

This is the domain of the weak, unable to control themselves. Such people never set stop losses, enter trades on emotions, buy at highs, sell at lows, and live in an eternal chase for the "crazy trade" to recover losses. They are dependent gamblers, having neither a plan nor self-control.

Do you want to be a successful trader? Learn to be tough. In life, in trading, and in your habits.

I recommend paying attention to STMX.

The coin has a weak correlation with Bitcoin, and an interesting movement is anticipated ahead.

I expect a slight pullback before breaking the resistance level. A lot of short positions have been collected in this zone, and experienced market makers are unlikely to miss the opportunity to take advantage of this.

A stop-loss cannot be set randomly — it is important to determine the correct levels, such as support or resistance. If these levels are broken, the price is likely to continue moving in an unfavorable direction (down or up).

If the potential loss seems too large when setting a stop-loss, look for a more advantageous entry point where the risk-to-reward ratio will be more acceptable.

Always set a maximum daily loss for yourself that will not cause significant damage to your deposit. If you reach this limit, stop trading. Close the platform, take a rest, and come back the next day with a sober and cool mind.

Do not try to win back your losses immediately - this is a trap that beginners and even experienced traders often fall into when they give in to emotions.

Discipline is your main ally in this game. Only by following a proven plan can you count on stable earnings in the long term.

Remember that short-term large profits can cloud your objectivity. They give a false sense of security, making you believe that growth can last forever. But sooner or later, loss of vigilance and self-control can lead to a complete zeroing of the account.

Trading is not for those who do not know how to manage emotions. There is no constancy and no guarantees here. The winner is the one who remains cool-headed and is ready to give up immediate gain for the sake of a sustainable result in the future.

At the moment, I expect a correction of Bitcoin (BTC) in the range of $85.770$ -$83,000. In this range, a short-term decline may occur before a potential increase.

After the liquidity is removed, a breakout of $90.075 is possible, which will open the way for further upward movement.

However, in the current conditions, I would recommend closely monitoring the dynamics of Bitcoin and refrain from opening new positions to avoid unnecessary risks.

I will share a small part of my strategy.

I trade intraday and open a maximum of 5 positions. But sometimes I prefer not to enter the market at all if I don't see ideal entry points for myself. The strategy is based on a quality selection of trades: it's better to miss an opportunity than to enter the market without sufficient confidence.

When opening a trade, I always clearly define the acceptable loss for the day — the amount I'm willing to part with without serious harm to my deposit. I also immediately set a take-profit to avoid emotional decisions during trading.

If several trades during the day have worked out well, I allow myself to enter a more risky trade with high profit potential. At the same time, I determine in advance the level of possible loss on this position, making it less than the profit for the day. This means that even in case of failure, I will end the day with a profit.

Such an approach helps me maintain discipline and avoid impulsive actions in the market, allowing me to stay profitable in the long term.

Why is it important to convert profits and losses into your currency?

Often in trading, we look at the numbers on the screen but lose touch with the real value of those numbers. When we see profit or loss in dollars or another currency, it doesn’t always register the same way as if we saw that amount in our own currency.

Try converting profits or losses into your currency. This will help you truly feel how much profit or loss affects your finances.

Such an approach helps eliminate the psychological distance between a virtual number and a real amount, as well as make more balanced decisions without succumbing to emotions. This method is useful for both assessing profits and understanding losses.

Analysis of the FIL coin.

It is currently in the accumulation and consolidation phase, with key levels at 4.35 and 4.85.

A confident breakout of these levels opens the path to the area of 9.5.

It is best to act only on a clear exit from these zones, which may confirm the market's readiness for an upward movement.

Many exchanges take advantage of the ignorance of newcomers.

All the percentages and indicators you see, as well as the tokens in tabs like 'top gainers' and 'top losers', are often specifically aimed at attracting inexperienced users, so they make decisions without analyzing the chart and the real dynamics.

As a result, exchanges do not always update the percentage data in a timely manner, leading to unreliable information and potential deception. They profit from your inexperience.

Today, a breakout of the resistance level (90,070 $) is possible.

The market is full of foolish people who are shorting Bitcoin in hopes. This has already led to the accumulation of liquidations exceeding 200 million dollars, located above the resistance level, which only adds strength for a new growth impulse.

Such players are always needed — like yin and yang, their mistakes fuel the movement of the market.

How to tell if a person has an IQ below 90?

They ask: "Should I hold the position or close it?"

Perhaps many of you do not know, but opening positions with limit orders is significantly cheaper in terms of commission than opening at market price.

For those chasing volatile coins, let me remind you: stop-losses don't always save you. The price may close above your threshold, and in the end, you will lose much more.

So it's better to just wait than to rush into unnecessary trades out of fear of missing profit. Emotions will only lead you to loss, and then you'll regret it.

It's better to earn less than to end up in the negative. How many times do I have to repeat this? But maybe it will sink in for you, idiots.

Why do altcoins not react as swiftly to the rise of Bitcoin?

The fact is that in this market cycle, their dynamics appear stronger than in previous ones. Earlier, when Bitcoin was actively rising, altcoins often declined, but now some of them are showing decent gains even against the backdrop of Bitcoin's dominance, which currently holds at around 57%.

An important moment for altcoins comes when capital starts to flow from Bitcoin into altcoins. This usually happens when Bitcoin stabilizes and enters a sideways trend, creating more opportunities for altcoin growth.

When Bitcoin slows down its growth and enters a consolidation phase, altcoins may begin to move strongly.

Today the genocide of BTC shorters occurred.

Let us remember. RIP.

Judging by the numerous posts where people complain about losses and don’t know whether to hold a position or close it, it’s clear: many of them are gambling novices who do not understand what they’ve gotten into. It’s especially surprising those who bet large sums.

Do you really not care about the money that could go to your family, parents, or yourself?

The main rule of trading: do not open a position if you do not know why and for what reason you are entering it.

If you do not understand the market, do not comprehend the risks and rules of capital management, if you succumb to emotions and gambling — you do not belong here. If you continue anyway — stop whining and complaining, it’s humiliating.

Better to spend 1–2 months learning the basics, develop your own strategy, allocate a small budget for practice. Only after that, enter the market consciously.

Do not repeat the mistakes of others. Your loved ones need you!

I have never understood scalpers. So much effort, time and energy goes into each trade! Constant tension, like in the movies: you sit for hours in front of the chart, watch every fluctuating candle and are constantly on edge. And the result is most often a loss of capital.

In my opinion, the best option is day trading. Trading within a day with no more than 2-5 positions. You can simply enter a trade and then go about your business, periodically monitoring price movements.

This way your nerves are intact, and, as practice shows, this is a truly profitable approach if you maintain discipline, Risk and Money management.

The principle of hedging and when to use it

Hedging is used to minimize losses and, ideally, to break even.

It allows you to limit risks if the market situation is changing not in your favor.

It is worth using when you notice that the market is steadily moving in one direction, and the probability of a trend reversal is low. In such a situation, you can close one of the positions (short or long) - the one that goes against the trend direction. This helps to fix the current losses on one of the sides, preserving funds while the remaining position works in your favor.

It is important to remember that hedging is not a tool for making a profit, but a way to control risks. If you use it as a means of earning, you can face even greater losses.

If today you experienced losses and feel terrible, remember — it could have been much worse.

Sometimes, looking back at the past, we regret our rash actions, asking ourselves questions like: "What if I had acted differently?" But it’s all behind us now.

Appreciate what you have now. After all, when everything is lost, the hardest moments of the past begin to seem bright — and it becomes clear that things were better than they appeared at the time.

You will get through this! Patience, calmness, and strength!