After making money three times, the most common mistake people make is to treat luck as ability.
First time you profit, you’ll attribute it to favorable market conditions.
Second time, you start to believe you’ve figured things out.
Third time, you no longer set any boundaries—you increase your position size again and again.
The problem isn’t that you’re profitable; it’s that these three wins taught you nothing—only made you trust yourself more.
The market’s most expensive tuition is often paid when you’re at your best state.
It’s harder to tighten up when you’re winning than to admit a mistake when you’re losing.
#BTC #ETH
First time you profit, you’ll attribute it to favorable market conditions.
Second time, you start to believe you’ve figured things out.
Third time, you no longer set any boundaries—you increase your position size again and again.
The problem isn’t that you’re profitable; it’s that these three wins taught you nothing—only made you trust yourself more.
The market’s most expensive tuition is often paid when you’re at your best state.
It’s harder to tighten up when you’re winning than to admit a mistake when you’re losing.
#BTC #ETH