This can genuinely fix 99% of your trading problems
(scroll past this at own risk)
So lets look at the reason WHY people get into trading. There's only one answer and its money. I can hear you think "nah but I trade for freedom" well indirectly thats still money.
This EXACT reason is why most people struggle with trading. We all know that emotions will harm our trading the most. It leads to stupid decisions, overrisking, overtrading, forcing trades, micro managing trades, extending TP/SL, taking partials to early, manually closing against your plan.
Any deviation from your trading plan is the result of emotions kicking in.
So how do we fix this?
Well we have to get rid of the main issue here and that is the emotional attachment to money/trading. We have to get to the point where we GENUINELY DO NOT CARE about money so that we can operate from a complete neutral state of mind.
This is hard since it completely goes against the reason why we got into trading and I personally believe this is the reason most people are unprofitable.
What helped me alot with this is just realizing that life is not too bad mainly through studying philosophies. Yes, I really found my profitability/edge inside philosophies. Which is extremely contradictive to what you've been told by most people.
And ofcourse I understand for some it may be extremely hard, because they feel like they need their environment to change ASAP, but wait untill you find out this greed outside of trading only slowed down your process of "making it" in a couple of years.
Study your own thoughts, learn about your thoughts. Learn about wisdom shared through philosophies. Realize that its all not so bad.
Become emotionally detached.
$BTC $ETH
(scroll past this at own risk)
So lets look at the reason WHY people get into trading. There's only one answer and its money. I can hear you think "nah but I trade for freedom" well indirectly thats still money.
This EXACT reason is why most people struggle with trading. We all know that emotions will harm our trading the most. It leads to stupid decisions, overrisking, overtrading, forcing trades, micro managing trades, extending TP/SL, taking partials to early, manually closing against your plan.
Any deviation from your trading plan is the result of emotions kicking in.
So how do we fix this?
Well we have to get rid of the main issue here and that is the emotional attachment to money/trading. We have to get to the point where we GENUINELY DO NOT CARE about money so that we can operate from a complete neutral state of mind.
This is hard since it completely goes against the reason why we got into trading and I personally believe this is the reason most people are unprofitable.
What helped me alot with this is just realizing that life is not too bad mainly through studying philosophies. Yes, I really found my profitability/edge inside philosophies. Which is extremely contradictive to what you've been told by most people.
And ofcourse I understand for some it may be extremely hard, because they feel like they need their environment to change ASAP, but wait untill you find out this greed outside of trading only slowed down your process of "making it" in a couple of years.
Study your own thoughts, learn about your thoughts. Learn about wisdom shared through philosophies. Realize that its all not so bad.
Become emotionally detached.
$BTC $ETH