๐ 10 days in the green: System vs. Psychology.
The trading day is coming to an end, and PnL is looking good again: 10 days in a row without a single red close! But somewhere inside, a voice starts up: "It can't last forever; a loss is waiting around the corner..."
And that's a perfectly normal feeling for anyone who trades with a clear head.
Why does this fear arise, and how do you live with it?
The illusion of infallibility is enemy #1. Believing you've "figured out" the Market Maker leads to excessive leverage and risk violations.
Losses will happenโand that's OK. A loss is simply an operating expense of the business, not a defeat. The key is for your overall system to remain profitable.
Discipline is what matters. Trading with a grid of limit orders, taking profits, and avoiding unnecessary activity bring a streak of green daysโnot luck.
The main rule right now is not to increase risk in a state of euphoria and to stay true to your VSA system.
Let's keep moving forward with a cool head! ๐ก
๐ Do you feel afraid of a "red day" after a streak of profits?
๐ Subscribes, likes, and tips are welcome!
$BTC $MAGIC $STRK #BinanceSquare #Trading #PnL #VSA #RiskManagement
The trading day is coming to an end, and PnL is looking good again: 10 days in a row without a single red close! But somewhere inside, a voice starts up: "It can't last forever; a loss is waiting around the corner..."
And that's a perfectly normal feeling for anyone who trades with a clear head.
Why does this fear arise, and how do you live with it?
The illusion of infallibility is enemy #1. Believing you've "figured out" the Market Maker leads to excessive leverage and risk violations.
Losses will happenโand that's OK. A loss is simply an operating expense of the business, not a defeat. The key is for your overall system to remain profitable.
Discipline is what matters. Trading with a grid of limit orders, taking profits, and avoiding unnecessary activity bring a streak of green daysโnot luck.
The main rule right now is not to increase risk in a state of euphoria and to stay true to your VSA system.
Let's keep moving forward with a cool head! ๐ก
๐ Do you feel afraid of a "red day" after a streak of profits?
๐ Subscribes, likes, and tips are welcome!
$BTC $MAGIC $STRK #BinanceSquare #Trading #PnL #VSA #RiskManagement