With peace of mind, we can make best trading decisions. I have tested almost every technical indicators and also tried to get the latest news and fundamentals informations about cryptocurrency in other to make informed trading decisions. but, today I have read most of the news and the forthcoming"us federal funds rate and fomc statement" which always creates great indecision in the market. I discover that this is the first time in more than 7 months now that i did not worry about what happened during fomc meeting. The usa elections have given direction to the markets and people are not even bothered on the outcome of the meeting. Peace every were in the market and I think that is what we need to make a good trading decisions.
Moreover, i also discovered that almost all the indicators work best on the long timeframe like weekly or monthly timeframes. If you want making trading decisions with peace of mind? trade only on those timeframes with any indicator and you will make money.
Maybe even if we have peace of mind, it will still not be a guarantee that we will be able to make the right or correct decision in conducting trading to get a profit. Because I remember before when I was studying crypto trading, my mind was focused, but when it came to implementing what I learned in trading, the result of my trading activity was still not profitable.
Although, having peace of mind is still helpful than not having peace of mind, because it will only add to our problems in the end or depending on the situation, I guess, right?