Not being too desperate is like a skill you learn. A lot of people cannot control themselves when they are trading. I understand how difficult it can be, and they always feel pushed. Even when they lose they still feel desperate to try again and recover everything and make even more, which at the end hurts them since they don’t recover it. When you’re trading your mind needs to be relaxed. It’s not something that you stress too much about, you have to calm down and calculate the moves you’re taking so that you don’t make mistake. When you’re in a hurry and desperate you can make a mistake and hit the wrong option.
It's difficult to see your investment losing its value. Way back I experienced while dealing with my trading, I once panic and lose almost half of my initial capital. Thinking smart cutting my losses and try to divert my money to another asset and boom another panic attack, then lose everything
funny, but it's the reality when you are dealing with this business without proper understanding.Without the right ideas to work with trading or investing, you are doing it the wrong way. Having a clear mindset and good sets of plans while working inside this business will give you a decent chance to succeed. Never to chased the same way fomos are moving, best to plan and observe what kind of investment you'll going to involve with.