$SNDK After staying in the crypto world long enough, you’ll realize that the real thing that makes you lose big money isn’t the market—it’s “reluctance.”
Reluctant to cut losses, so you hold positions, and hold until you can’t hold anymore—only to get liquidated at the lowest point.
Reluctant to take profits, so you don’t let your floating gains out; you wait until all the profits are given back.
Reluctant to go flat, so even when there’s clearly no signal, you still force a trade, afraid you’ll miss the move.
Reluctant to accept a loss, so when you lose you add to the position—adding and adding until, finally, you get wiped out.
Every big loss has the same root word—reluctance. And everyone who lasts long in this space shares one common trait—willingness.
Willingness to cut losses: if you’re wrong, admit it and lose a little to save your life. Willingness to take profits: when you reach your target, exit—don’t be greedy for the last bite. Willingness to stay flat: when there’s no opportunity, wait; don’t treat trading like a job. Willingness to accept a loss: once you’ve made the wrong trade, it’s wrong—no excuses, and don’t average down.
“Willingness” sounds simple, but doing it goes against human nature. However, once you manage to do it, the market can’t harvest you.
The reluctant will end up losing everything. The willing, on the other hand, can keep almost anything.
If you want to take fewer detours, come find me in the chat group—this wave of rhythm will help you feast.
Reluctant to cut losses, so you hold positions, and hold until you can’t hold anymore—only to get liquidated at the lowest point.
Reluctant to take profits, so you don’t let your floating gains out; you wait until all the profits are given back.
Reluctant to go flat, so even when there’s clearly no signal, you still force a trade, afraid you’ll miss the move.
Reluctant to accept a loss, so when you lose you add to the position—adding and adding until, finally, you get wiped out.
Every big loss has the same root word—reluctance. And everyone who lasts long in this space shares one common trait—willingness.
Willingness to cut losses: if you’re wrong, admit it and lose a little to save your life. Willingness to take profits: when you reach your target, exit—don’t be greedy for the last bite. Willingness to stay flat: when there’s no opportunity, wait; don’t treat trading like a job. Willingness to accept a loss: once you’ve made the wrong trade, it’s wrong—no excuses, and don’t average down.
“Willingness” sounds simple, but doing it goes against human nature. However, once you manage to do it, the market can’t harvest you.
The reluctant will end up losing everything. The willing, on the other hand, can keep almost anything.
If you want to take fewer detours, come find me in the chat group—this wave of rhythm will help you feast.