Post
Topic
Board Trading Discussion
Re: The traders mindset
by
dzungmobile
on 23/02/2025, 17:02:21 UTC
Traders who are able to change emotions into patience are extraordinary traders and of course have enough experience in the market. Because such people are able to face unusual situations calmly enough so that they may not be victims of losses from falling coin prices in the market. In addition, such people will usually get more profit when trading because they are not too hasty in selling coins that they have previously bought.
Only experience is not enough but initial good capital management is more important. If you start with bad capital management, you will mostly live with fear of what will happen tomorrow with you, your financial need and uncertain future of your investment portfolio or your trading position.

Uncertainty is start of many bad things and can affect your emotion in short term and psychology in long term. It also affect your decisions when you are no longer certain with what you're doing. In a high volatile market and existence of leverage, futures tradings and with market squeezes and liquidation, you can lose initial capital very quickly.