i have tried trading and discovered that i loose my self whenever the market make huge moves . i sold quite early at any bull market and dump at any instant of the bear market.
So whenever the market is bullish or bearish you try to cash out your profits at an early stage without any technical analysis and when it's bearish you panic sell at that moment which is your problem.You get puzzled at both the stages which are sign of panic trader but you need to read the market trend first in bull run but in bearish just try to hold only.
i find it difficult to control my emotions. since this year, i choose to move into farming, pools and it has been wonderful.
It's not the case with only you but most of the new and non experienced trader in the market who lost control of nerves whenever there is FUD in the market or we witness normal correction period which causes crash situation in the market and they loose all the funds and then claim btc is bubble.Keep emotions separate from your trading journey which might keep you survival possible in this highly volatile crypto market.
in psychological trading is the main thing that is attacked. a person will experience as if he was being played with by emotions, the heart beats fast, so he cannot sleep. but as traders, we have to be able to control that. techniques may be easy to learn, but psychologically, as if you have to be trained many times to survive in the market
That's right, the thing to pay attention to when trading is psychological training, if you panic easily then you will be frustrated,
when your dump goes Panic sell, when FOMO then you panic buy, of course this makes the strategy not good, because it can damage your finances ,
money management is also very important for trading, don't use hot money, buy it when it is DIP