Whether trading can make money has little to do with how much is sitting on your account; it has far more to do with what people sitting in front of the screens think.
After looking at quite a number of accounts, I’ve found a pattern: those who can trade steadily are usually not the busiest ones. They’re busy from early till late every day, orders open then close again and again, afraid of missing something—yet after being busy for a while, they don’t make much money, and they end up paying plenty of fees. The most dangerous saying in the crypto world is, “Opportunities are everywhere every day.” The truth is, the times that are really worth entering aren’t that frequent. Most of the time is spent grinding patience. Randomly placing orders is basically handing money to the market. If you do it too often, your mindset gets thrown off.
Right now, I only recognize one thing—rhythm. If it’s not at the position in the plan, I don’t take action. If it rises more, it has nothing to do with me. The profit you chase in isn’t really yours—it’s you using principal to pay for it. Another habit is: when you reach your target, you leave. I’ll leave the fish head and tail for others to eat; I only take the portion I understand. Losing a little isn’t a big deal, but if you don’t leave when you should, things get messy later.
#OndoOUSGReports$407MTotalValue $LAB
Mature people don’t care too much about how much they made on each individual trade. What matters more is what happens when they lose on this trade. If you lose money, you can earn it back—but once your rhythm is broken, it’s hard to get it back. Trading stability isn’t achieved by being right on more charts; it comes from controlling yourself to wait when you should, and to close when you should. The person who can hold back and not act is the one truly making progress.
$BTC
After looking at quite a number of accounts, I’ve found a pattern: those who can trade steadily are usually not the busiest ones. They’re busy from early till late every day, orders open then close again and again, afraid of missing something—yet after being busy for a while, they don’t make much money, and they end up paying plenty of fees. The most dangerous saying in the crypto world is, “Opportunities are everywhere every day.” The truth is, the times that are really worth entering aren’t that frequent. Most of the time is spent grinding patience. Randomly placing orders is basically handing money to the market. If you do it too often, your mindset gets thrown off.
Right now, I only recognize one thing—rhythm. If it’s not at the position in the plan, I don’t take action. If it rises more, it has nothing to do with me. The profit you chase in isn’t really yours—it’s you using principal to pay for it. Another habit is: when you reach your target, you leave. I’ll leave the fish head and tail for others to eat; I only take the portion I understand. Losing a little isn’t a big deal, but if you don’t leave when you should, things get messy later.
#OndoOUSGReports$407MTotalValue $LAB
Mature people don’t care too much about how much they made on each individual trade. What matters more is what happens when they lose on this trade. If you lose money, you can earn it back—but once your rhythm is broken, it’s hard to get it back. Trading stability isn’t achieved by being right on more charts; it comes from controlling yourself to wait when you should, and to close when you should. The person who can hold back and not act is the one truly making progress.
$BTC