Someone asked me what I think about reading the market, and this is the quote that comes to mind.
A principle mentioned in the mindset of “trying to get back your losses” goes like this:
All the actions you take to try to get back to break-even in one shot ultimately turn into losing even more. After you suffer a loss, what you should do most is to reduce your position size—not to increase it. This reversed action is the dividing line between seasoned players and newcomers.
Take today’s $ETH as an example: now it’s 2,681, with a 24h change of -2.22%. This kind of chart pattern just perfectly confirms the principle above. It’s not a coincidence; it’s human nature repeating itself in the market.
The more I think about it, the more I feel that in the end, what matters in trading isn’t technique—it’s your mindset.
This time, I’ll just watch and not act.
#ETH #投资哲学 #交易心态 #crypto圈
A principle mentioned in the mindset of “trying to get back your losses” goes like this:
All the actions you take to try to get back to break-even in one shot ultimately turn into losing even more. After you suffer a loss, what you should do most is to reduce your position size—not to increase it. This reversed action is the dividing line between seasoned players and newcomers.
Take today’s $ETH as an example: now it’s 2,681, with a 24h change of -2.22%. This kind of chart pattern just perfectly confirms the principle above. It’s not a coincidence; it’s human nature repeating itself in the market.
The more I think about it, the more I feel that in the end, what matters in trading isn’t technique—it’s your mindset.
This time, I’ll just watch and not act.
#ETH #投资哲学 #交易心态 #crypto圈