This Bitcoin bubble that we're in has really gotten me overwhelmed and a little flustered. I ended up getting overconfident, and I found myself holding and hoping. All this action, most of which I feel have no rhyme or reason to them, has gotten me pretty confused and has caused me to trade emotionally--mostly because I've never experienced this firsthand and I'm completely unprepared for it.
After some big losses recently:
1. I'm trying to get refocused and reset my expectations
2. Be more patient and wait for the setups to come to me
3. Keep better track of recent winners/losers
4. Better manage my risk/reward
5. Study more!
I've been slacking on my studies, and I've been making excuses as to why I don't get to study as much. That's just nonsense; I have plenty of time to study. I must change my mindset and my mentality if I want to actually become a profitable trader. I'm halfway through the challenge and I refuse to let my emotions take over my trading, and I refuse to put myself in a situation that would make me blow up my account.
Nice thoughts - ITS bloody hard but in The end There is amazing rewards! GL on your journey
Thanks! I hope I'm actually improving and not just banging my head against a wall.
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