How much is in your account that you can't bear to lose $USDC
The phrase 'can't bear to' is the priciest term in trading. Can't bear to set a stop-loss, small losses turn into big ones; can't bear to take profits, gains turn into losses; can't bear to sit on the sidelines, forcing trades leads to losses. #BTC跌破$77K
I've seen the most typical case: a trader goes long on a coin, floating a 40% profit but doesn't take it because they 'can't bear' to. Later, the profit retracts to 20%, and they still hold because they 'can't bear' to lose previous profits. In the end, the profit goes to zero, and they double down, hoping for a rebound, only to get liquidated. From start to finish, they've been struggling with 'can't bear' instead of the market.
How to break free from 'can't bear'? The method is simple: switch 'if' to 'since'. Instead of thinking 'if I hold a bit longer, will it go higher?', think 'since I've hit my profit target, I should exit'. Shift your decision-making from 'possible future' to 'set rules'. $DOGE
Another effective trick is to view your floating profits and principal separately. The principal is your base; don't touch it lightly; floating profits are market gains, and if you've made it, take it. Whenever you 'can't bear' to exit, ask yourself: if I were flat right now, would I enter at this position? If the answer is no, then it's time to go.
Learn to say goodbye to 'can't bear', and your profits will truly fill your pockets $CHIP
The phrase 'can't bear to' is the priciest term in trading. Can't bear to set a stop-loss, small losses turn into big ones; can't bear to take profits, gains turn into losses; can't bear to sit on the sidelines, forcing trades leads to losses. #BTC跌破$77K
I've seen the most typical case: a trader goes long on a coin, floating a 40% profit but doesn't take it because they 'can't bear' to. Later, the profit retracts to 20%, and they still hold because they 'can't bear' to lose previous profits. In the end, the profit goes to zero, and they double down, hoping for a rebound, only to get liquidated. From start to finish, they've been struggling with 'can't bear' instead of the market.
How to break free from 'can't bear'? The method is simple: switch 'if' to 'since'. Instead of thinking 'if I hold a bit longer, will it go higher?', think 'since I've hit my profit target, I should exit'. Shift your decision-making from 'possible future' to 'set rules'. $DOGE
Another effective trick is to view your floating profits and principal separately. The principal is your base; don't touch it lightly; floating profits are market gains, and if you've made it, take it. Whenever you 'can't bear' to exit, ask yourself: if I were flat right now, would I enter at this position? If the answer is no, then it's time to go.
Learn to say goodbye to 'can't bear', and your profits will truly fill your pockets $CHIP
