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Cryptocurrency trading does not need a tendon, 99% of people have made these mistakes, change these vices so that you can make a steady profit!
Obsession is a taboo for Cryptocurrency Trading. In a sense, it's a pathological steadfastness and faith. Blind optimism can affect mood and can also interfere with judgment.
1. When you encounter a good coin, but obviously there is no point to buy, but you want to buy it, for fear that he will fly directly, or even chase high into the market, then your eyes are only focused on him, this is obsession.
2. When the price is invested, you only stare at the price, when the price pump up, very good, in line with expectations, but the coin price is fall, then you will selectively ignore the coin price is on the big cycle pump the end of the kinetic energy exhaustion structure, and the reality of the valuation has been realized, desperately looking for various fundamentals to Favourable Information support their own views, this is obsession.
3. Your trading is trapped, you will suddenly become a very firm longer, you can't tolerate anyone singing shorter him, you are controlled by emotions, you have lost the ability to make rational judgments, you are only willing to listen to longing analysis, this is obsession.
4. You obviously misjudged, you can leave the market stop loss in the short term, but you always stare at the account, because you only allow yourself to leave the market profitably, and you are not allowed to lose money, and the result is that the more you lose, the more long, and the short term becomes long term, this is obsession.
5. A coin has hurt you, you will hate him for a lifetime, no matter how good the opportunity comes, you are not willing to buy again, this is the obsession.
6. When you do short term sell a coin, and according to your judgment, there is still a lot of pump short in this coin, even if you chase it back now, it will only increase the cost by two points, but you don't want to chase it to death, this is an obsession.
7. I want to buy coins every day, even if I don't have a point to buy, I have to buy it, I want to buy it, I want to buy it, and use up the last penny of my accounts, this is the obsession.
8. No patience, can't hold the coin, don't move in the short term, can't stand it, this is obsession.
9. When you have been doing a certain model for a long time, and you have lost it for a long time, but you still refuse to change your thinking, this is obsession.
10. When you lose money in a row, you will be red-eyed, you can't win once if you don't believe you, and then you continue to increase the betting chips, this is the obsession.
11. When you earn 18 points, the short term actually shows an upward pump exhaustion signal, but you have to make up to 20 points to take profit, this is the obsession.
12. You trapped five points in a position, but you can't understand the structural trend, you don't want to stop loss, you have to keep Margin Replenishment, you have to make money on this transaction, and the result is Heavy Position trapped, until you can't return to the sky, this is obsession.
13. When you achieve a success because of a certain survivor bias effect, you will insist that this kind of method is feasible, but subsequent practice has repeatedly proved that you are wrong, but you are unwilling to admit it, and insist on going your own way, this is obsession.
14. When your transaction execution deviates from expectations, you will regret it for a long time, and you will repeatedly reminisce and chew, which is obsession.
There are longing and longing obsessions in trading, so I won't give examples one by one. Just like the desperate male protagonist in last year's movie, if the obsession is removed, one thought becomes a Buddha, if the obsession is deep, one thought becomes a demon. Are there still fewer people who have red eyes and end up falling into the abyss?
Take care of trading emotions and maintain rational thinking, so that trading can be stable and lasting. #BTC ETH