Three red days in a row. Here's my checklist before I touch anything:
- Did my original reason for the trade change? If not, price alone isn't a reason to act.
- Am I about to trade to "win back" losses? If yes, I close the app.
- Is my position size still something I can sleep with?
- Do I have cash left for a better level, or did I already spend it all?
Most damage in a downtrend doesn't come from the drop itself. It comes from decisions made in a panic.
$BTC $ETH $BNB
- Did my original reason for the trade change? If not, price alone isn't a reason to act.
- Am I about to trade to "win back" losses? If yes, I close the app.
- Is my position size still something I can sleep with?
- Do I have cash left for a better level, or did I already spend it all?
Most damage in a downtrend doesn't come from the drop itself. It comes from decisions made in a panic.
$BTC $ETH $BNB