YOU DON’T HAVE TO TRADE EVERY DAY ! Overtrading doesn’t make you a better trader; it puts your capital at risk. Two weeks ago, I met a rookie trader who was riding high on the market’s momentum. He had over a dozen positions open at once ( insane, 3 at risk to me is dangerous), yet he was feeling confident because everything seemed to be working in his favor. I warned him about the coming volatility and advised him to de-risk his positions. He didn’t listen. A few days later, after the market corrected aggressively, he went dark—post-loss depression hit hard.
You can’t control the market, but you can control your risk. Overexposure is a silent account killer. In my copy trading account, I never risk more than two positions at once. Patience, discipline, and risk management are the foundation.
I highly recommend LR Thomas’s book on overtrading. Here are some principles I’ve learned from it: 1. Create a Trading Plan – Define entries, exits, and risk limits. Stick to it. 2. Set Goals – Realistic goals keep you focused and disciplined. 3. Use a Journal – Track trades, emotions, and patterns to learn and improve. 4. Manage Risk – Proper position sizing and stop-loss orders are key. 5. Control Emotions – Practice mindfulness to avoid fear and greed. 6. Limit Trades – Fewer, well-thought-out trades often lead to better results. 7. Avoid Noise – Tune out distractions and stay focused on your plan. 8. Take Breaks – Rest keeps your mind sharp and avoids burnout. 9. De-Risk: Limit open positions to one or two unless the stop-loss is at break-even after taking the first profit. Only open new positions once de-risked.
By applying these strategies, I’ve cultivated consistency, and my trades reflect it. Follow my copy trading account to see the difference discipline makes. Click here to copy and 🚀💰. Cheers, and happy trading!
I wrote earlier this week and said that this is NOT the dip. Today I can confidently say, we have officially reached “dip” territory. I want to say we are going lower before the new year but who knows. This is a perfect time to be loading up on high quality alts. FTM ALGO XLM ADA HBAR etc. will pump first. I’m still very bullish on meme coins for this cycle.
Jerome Powell is helping out his wealthy friends by sparking panic and fear in the market. Anyone who has been in this game for long enough knows that we are going higher. Don’t think like a retail trader, think like the institutions. This market is so bullish there’s no way this “pullback” lasts more than two weeks. The time to load up is now.
From today I am abandoning the SOLANA network, it is a big scam, today alone I lost 2 thousand dollars to a scam, you enter a project and when it reaches 30 to 50 $K they zero the liquidity of the project, so there is no way to continue with SOLANA, I will move to the TELEGRAM network, that is, the TOM network, it seems to be more serious.