Post
Topic
Board Trading Discussion
Re: leverage trading method and psychology
by
Maus0728
on 12/09/2022, 13:45:01 UTC
The issue I have is not so much bad calls but getting scared
I will go in with 10-20x leverage and see my money drop like a stone be down 20% and exit only to see it climb back up and hit the TP or climb higher
One issue I have other than getting scared is to do with time restraints I am trying to find a trade quickly and not giving it enough time also aping in and usual sh*t
It could mean many things. It could be a poor position sizing, or it could also mean that you are trading your PnL and not your technicals, or maybe a plain emotional hurdle called FOMO.

When I say poor position sizing, you are maybe entering a trade that's too large keeping your eyes glued on your PnL because you are just simply uncomfortable seeing your money getting rekt. Trading your PnL and not your technical on the other hand means that you exit based on the +/- percentage you see and not on your charts or the data points you have created.

Both of these issues are related to mindset or your psychological behaviour and the best solution you could come up with is experience and discipline.