3am. Red portfolio. Liquidated. One tab open. I learned everything that night. Two years ago, I watched $XRP rip 20% in an hour and slammed 50x leverage because I couldn’t stand being left behind. That $5,400 loss wasn't just a number; it was a tuition fee for my arrogance. Watching $DOT pump today makes my palms sweat the same way, but now I have a filter that stops me from turning a trade into a tragedy.
If I didn't see the setup before the move happened, the trade doesn't exist for me. You are not missing out on money; you are avoiding the inevitable retrace that liquidates the late-comers. I ask myself: Is there a confirmed retest of previous resistance, or am I just chasing a green candle? If the chart hasn't given me a clean...