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The BIG challenge in trading / investing is to persuade your MIND that your trade / investment idea will, in the future, be correct.
You then have to actually get your mind to ACTION (risk an amount of MONEY of choice) that idea BEFORE the move happens.
After = Too late
Gold moves $1 against you on lot size 0.01 = You -$1
Gold moves $1 against you on lot size 0.1 = You -$10
Gold moves $1 against you on lot size 1.0 = You -$100
Example: You do a SELL at Gold $4020 on Lot 1.0 and a fast move UP to $4040 puts your trade at -$2000
#Emotional
In the ZONE - then - Out the ZONE - #Urghh - Go touch some grass
Q: Is Bitcoin now at SUPPORT or will Bitcoin break through support (at around $79,600) and keep going DOWN?
#FURUS (Fake Gurus) get caught out - MoFos fake-assing their results, so as to sell more BS ripoff trading courses.
youtube.com/watch?v=8GrO1qFz…
But seems to have been a #BullTrap
This is when your trading becomes "You vs You" - You now need to start battling with your own negative emotions such as hesitating to take a valid trade (mind says wait think more) or lack of discipline (too early entry / too late entry) or fear (closing a trade too early etc)
Once you have a "trading system" that has a good probability that you feel comfortable with technically - then your trading becomes mostly about your own psychology and your own emotional state and about your own willingness to take more risk.
Bought "The Dip" yesterday
But "The Dip" is dipping more today
So how far does "The Dip" dip???
#Crypto
PS. Bitcoin just fallen below $80k
Evedex is a DEX trading platform with nearly 80k users now. If you want to join Evedex here is an affiliate link - evedex.com/invite/39eu8lod



