Trading Reflections
Many trading losses are not because the market analysis is wrong, but because the trader is defeated by the constantly flickering candlesticks during the session.
Yesterday was a vivid lesson. Before opening the trade, I already did a proper analysis of the chart, and the levels were crystal clear. If I had simply held the position, I could have gotten into floating profit. But instead, I stubbornly stared at the screen before the open. The price kept grinding and chopping on the floor, back and forth. My mind was pulled in different directions repeatedly—my emotions were swept along by the momentary volatility. In a panic, I closed the position right at the floor level, destroying the profit that should have been mine.
In contrast, last night before sleep, I reviewed resistance and support levels and decided on a plan: #place a short order—if it gets filled, I’ll proceed; if it doesn’t, I’ll let it go. No more overthinking. I didn’t stay glued to the screen tormenting myself. When I woke up, the order had already been filled, and the account still had floating profit. Compare the two, and the logic becomes obvious.
The constant back-and-forth noise in the chart most easily magnifies fear and greed. Too many actions come from opening and closing positions based on emotions. The plan I calmly worked out before the session is completely overturned the moment I start watching the screen.
Floating profit means my logic has been confirmed by the market. Floating loss means the market is telling me my judgment is off. Analysis is my job. Execution is for the pending order. The outcome is for the market.
Keep decisions in a clear and sober mind before the session. Don’t throw yourself into real-time price action to endure endless emotional tests. Watch less—give time back to life. #交易感悟 #BTC
Many trading losses are not because the market analysis is wrong, but because the trader is defeated by the constantly flickering candlesticks during the session.
Yesterday was a vivid lesson. Before opening the trade, I already did a proper analysis of the chart, and the levels were crystal clear. If I had simply held the position, I could have gotten into floating profit. But instead, I stubbornly stared at the screen before the open. The price kept grinding and chopping on the floor, back and forth. My mind was pulled in different directions repeatedly—my emotions were swept along by the momentary volatility. In a panic, I closed the position right at the floor level, destroying the profit that should have been mine.
In contrast, last night before sleep, I reviewed resistance and support levels and decided on a plan: #place a short order—if it gets filled, I’ll proceed; if it doesn’t, I’ll let it go. No more overthinking. I didn’t stay glued to the screen tormenting myself. When I woke up, the order had already been filled, and the account still had floating profit. Compare the two, and the logic becomes obvious.
The constant back-and-forth noise in the chart most easily magnifies fear and greed. Too many actions come from opening and closing positions based on emotions. The plan I calmly worked out before the session is completely overturned the moment I start watching the screen.
Floating profit means my logic has been confirmed by the market. Floating loss means the market is telling me my judgment is off. Analysis is my job. Execution is for the pending order. The outcome is for the market.
Keep decisions in a clear and sober mind before the session. Don’t throw yourself into real-time price action to endure endless emotional tests. Watch less—give time back to life. #交易感悟 #BTC