Hey all, I am new here: I've been reading a lot, and not posting much at first. You have a great place to learn at BCT. When trading crypto do you expect better, from yourself, but then impulsively jump into things due to FOMO? Has anyone reading this ever found a cure? How do you permanently change and naturally be patient? Thanks all.
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it will be done slowly. maybe after novice traders start to get trapped and experience losses because they follow their ambition to make a profit.
Maybe every novice trader also does something similar. Even every professional trader today may also make mistakes when they start trading.
I can call it the experience of a trader's journey to become greater. but it all depends on the trader's ability to make decisions after what they experience in trading.
It happened to me almost at the beginning of my trading. I'm still a beginner trader and still adjusting to it. It is just like you know where the price is likely to go, you know when to make a move. You know what session to buy, but then... I entered an unnecessary trade. My wins are also being taken by my small losses considered as human error caused by my impatience, greed, or boredom.
What I would suggest is to have a constant review of your behavior and work towards your negative notes little by little. Don't overwhelm yourself. Another is to have a life outside trading. Don't rely too much on your profit for your living or else you will carry a lot of pressure on your back.
Mistakes or errors are really that the stepping stones to make yourself that better which it isnt something that would really be limited just with trading but also in other things as well on which you would really be that able to apply on whatever things that you are dealing specially if you are really that a complete newbie where mistakes is really that common and something that would really be that the main challenge that you would really be that needing to adjust accordingly basing up on the things that you do encounter. It would really be just that common sense that you would really be adjusting out basing on what you had faced on. You wont really be that
that so dumb not to make out some adjustments if ever you are already that aware on the condition or situation. Speaking about unpredictable markets then we know that this crypto space is really that totally having that volatility and unpredictability which is really that more than into those typical investments and markets that we do encounter.This is why having that emotion and mind control would really be that necessary for you to
be able to sustain yourself at least into this space. FOMO and FUD are the main things that you would really be able to meet up along the way.