Hear

Trading should be boring.

You should know what to look for, how to execute an idea, and how to manage it.

Most of the time is spent waiting—doing nothing when there are no trades and almost nothing when you're in a position.

If you have a good trade selection process, scanning your watchlist or dashboard shouldn't be a heavy or laborious process. You should be able to glance at the chart/price/spread/whatever you're trading and quickly determine if there's anything interesting there.

The best trades should jump out at you, begging to be traded.

Once you've made a bet, don't fall for the false idol of the lower timeframe, getting stuck on a tick chart, micro-managing every move. In most cases, it's unproductive.

Instead, it's often a symptom of a lack of a clear trade management process. It's also a symptom of not liking the risk you've taken. If you've bet too big on a mediocre opportunity, you subconsciously acknowledge it and compensate with intrusive trade management. This only gives a false sense of security and increases the chances of failing a trade that could otherwise be salvaged.

Social media complicates this task. You're bombarded with charts, ads, PnL images, random buzzwords labeled as "trade ideas," and so on. It can make you feel like if you're not in a money-making trade right now, you're losing.

In reality, most of these things are noise. In cryptocurrency, disproportionately large portions of your lifetime PnL will come from a handful of good positions over a relatively short period of time.

Focus on building your process for these opportunities rather than arbitrarily filling the "positions" tab to feel something.