Post
Topic
Board Trading Discussion
Re: Ways to stay completely sane while trading crypto
by
Jegileman
on 17/01/2025, 21:57:27 UTC
Losing is part of of the game, so don't let your losses damage you emotionally, Don’t let it be a trigger for anger.Treat losses as an opportunity to learn. and don't let greed push you to staking more than you can afford to lose, instead place your focus and attention on the framework and the logic of the trade. Lastly take breaks, leave your laptop for a while, step out and laugh a bit.

Losses are what are not negligible, whether you like it or not, losses will find you no matter how perfect you are at trading and the number of wins you may have accrued all the time you’re trading. It is a part of the process that makes you better and also know your mistakes to also make adjustments on. The trading market is very big and only few percentage of them have been said to be successful. Not that many don’t know how to trade, but most of other factors have contributed to them not being successful. Factors like greed, fear, impatience etc are what has hindered some traders from achieving success in the trading world.

I find it really challenging to stay being rational or sane despite of the risks while you are trading. Maybe for some experienced traders, this could be a piece of cake, but majority will hardly do it. Trading can be correlated to gambling, don't play it hard on your part, otherwise everything will end up as losses if you are forcing things for yourself. Trade if you can, but never compromise yourself if you can't be a good trader anyway.

Trading is not that easy as some people make it sounds. It is very hectic and requires a lot of your time and effort to make things work. It’s very challenging and demanding that requires you to make decisions that will make you feel bad at some times if it goes wrongly and give you sense of hope when it’s on the positive side. When you trade without knowledge can be correlated to gambling and nothing much.