The Biggest Risk to Your Investments Is You Yourself — from “The Behavioral Investor”
In the world of markets, we tend to think that the person with the best chart or the most advanced technical analysis wins. However, psychologist Daniel Crosby says in his book The Behavioral Investor that psychology and emotional control determine 90% of long-term success.
✅Trading and investment decisions.$BTC
⚠️Ego: we mistake a bull market for proof that we can predict exactly what a chart will do, which leads us to make fatal mistakes, such as ignoring risk management.
⚠️Familiarity bias: people resist changing their opinions in the face of scientific or market evidence. What’s familiar feels comfortable, even when the fundamentals show you a collapse is coming.
⚠️(The tyranny of the news) The brain makes calculations amid uncertainty, doubt, and fear. It makes decisions without looking at cold historical data. 🚨Emotion: we confuse comfort with safety. This leads to destructive behavior, so pay attention: ⚠️buying at the peak of euphoria and selling at the bottom of a panic, when you’re hurting. 🎯The neurology of money The pain of a real loss: suffering a major financial loss activates the brain just like physical pain or a threat of death. So you flee the pain, and it pushes you to liquidate your position at the worst possible moment. ⚠️Addicted to gains: quick profits activate our dopamine just like a highly addictive drug. Our thinking becomes clouded and creates gambling behavior and risk-taking. 🚨And here’s the most important part!! Crosby creates a foolproof system🚨 Fight primitive impulses by replacing intuition with automatic rules. Less activity, but more effective. Trading too much increases the noise and leads us to make emotional mistakes. Less is more💚 ✅Discipline beats intelligence. Winning means delegating to a mechanical system of your own design and sticking to it. We eliminate the need to think and trade when the market is nervous or euphoric. ⚠️Control your environment This is key, friends🚨 Never chase price noise minute by minute. Too much information doesn’t make you perform better; it makes you worse. This book blows your mind💚💚
Spanish edition of one of the best books on psychoanalysis by EDWIN LEFEVRE and LIVERMORE.✅📚📜⚖️
It’s called "Memoirs of a Stock Operator." edited in 1923 I assure you this book will change your financial life forever. Three books are actually my favorites, but let’s go with this one. It’s about Livermore, who is considered the most famous speculator in financial history. His three pillars. 1✅ the crowd never learns, and read it with other authors who say the opposite—you’ll see that they end up with a beautiful lesson. The crowd doesn’t learn. The market is mathematical. It moves through human greed and fear. He says people’s psychology is one and the same. The charts repeat, and here’s what he says: the traps set by the whales repeat forever.🎯 2✅ think about this second pillar in crypto. Big money is made by knowing how to wait calmly, letting the market cycle work in your favor. He says that OPERATING LESS means EARNING MORE. Real money isn’t buy and sell—that only gives exchanges wealth through the commissions from your constant movements. 3✅ recognize the trend and follow it, never work against it. Don’t argue about the price out of pride. Does the word pride not sound like trading out of revenge? Does the market drop? Sell, or wait outside. If it rises, you follow it.
🚨✅ The market is never wrong—your opinion is. There are moments when it doesn’t try to understand Livermore. The author understands him without consulting him because he doesn’t refute him—he also copies the strategy. So here you go with the Spanish version. After this, I’ll tell you about a book I read recently that literally blew my mind. There wasn’t $BTC , but this bible didn’t need it either. I don’t know if it’s in Spanish. Mastering the Market Cycle Howard Mark More graphically, and it explains the exact moment where trends change. If someone reads it, take all the time in the world, and once you understand it, tell me if I’ve taught you well—okay?💬💬👇
follows and likes are competing on November 25 for a big envelope and for the best students😂
🎯📈📉💚💹✅ let’s go again, but this time the real # of the community. you can join and debate in the mini community ✅✅👇👇👇👇 $BTC $BNB #BinanceSquare @Binance Square Official
i'm going to tell you a little story. about 12 years ago, argentina was suffering from massive inflation, and i was only saving in SOT $USDC and $ETH . i became very good friends with Jean, a Canadian, and he would ask me why i didn't buy coins and save in dollars. “that way, you'll never be a profitable trader,” he told me one day. to which i replied that the only way to avoid losing purchasing power to that inflation was to protect myself in dollars. at the time, i was building my first little house, and we had to leave that money on Coinbase because if i exchanged it at my bank, they would investigate me like a criminal. then the government changed. during those two years of massive inflation, USDT was a better deal than bitcoin; even ETH was losing value against the dollar. anyway, Jean understood me and helped me with a few P2P-related things and other ways to make transactions. those times weren't like today, when nobody talks to anybody. but that phrase stayed with that young man—and with me—forever. i remember he was really good at real estate, and i learned a lot about it. i'll talk about that another time, but things were going well trading futures, and i kept everything in dollars. if i had to take a loss, i would scalp until i recovered it in my portfolio, using a fixed amount of 30 dollars a day.
an anecdote that, like others, left a lasting mark on me.
#iwillneverbeaprofitabletrader ✅✅
lowercase answer 🚨🚨🚨 it makes sense in every post i make now and all lowercase is the answer to this little gift. use it when you have a winning trade.🎯✅it brings good luck😂 there are 6 people who took part🎁 in all the envelopes, shared the location, and followed, and on the 25th they're on the list for a nice envelope.🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁 there'll be several 🎁, and only 5 people didn't take part in one. everyone is still in the running as long as they meet the written requirements. #BinanceSquare @Binance Square Official join the discussion in my nini community.🤗💚📉📈💹 #nosoyuntraderentable
$SOL #ETH y $BTC identical drops. hey, isn't 8 usdt in commission a lot @Binance Futures ? 26:usdt across 3 trades 😩 well, maybe I didn't have #bnb in the account and since #nosoyuntraderentable shorts pay still a lot of money in commission. Good afternoon📉🎯✅💚 look at the charts, the drops are identical. if you missed them, more are coming. Zec and AVAX short now this is not financial advice make your own financial analysis #USMidterms-WhatAreMarketsExpecting? #BinanceReopensWithdrawalsForMoreAssets
the journey isn't just an entry 🎯 the journey is a trend. how a Democrat beats $TRUMP 😂✅📉 well, I'm not from either of these two because it's not my country.🇦🇷 I put money into it, leveraged it, and added quite a lot of margin, but it's not profitable. And speaking of that. #nosoyuntraderentable Do your own financial analysis and the casino doors will always be open. look after your money, leave the casino, and invest in spot $AEVO @Binance Square Official #BinanceSquare #BinanceReopensWithdrawalsForMoreAssets
The market doesn't like Trump. Seems like it, right? $UNI $ETH #zec A little relief 💚✅ #nosoyuntraderentable The market was delayed by 3 months because of this unstable man. Tonight, in Argentina time, Asia will have to provide some relief to its stock markets, but this shouldn't cause euphoria. The market will show in a few days how things settle. Important speeches are coming up regarding the domestic macroeconomy in the US. China may have its own exchange sooner than planned. The world doesn't need any more wars. #USMidterms-WhatAreMarketsExpecting? @Binance Square Official #BinanceSquareFamily
$PONS took one of the first steps 📈 In a sideways market, the one who waits wins here. I’d pay attention to a long position with low leverage and a bit of margin. #nosoyuntraderentable This is not financial advice. I don’t analyze coins. Don’t trade with leverage. Always set an SL. And do what you want with your money—trade or casino. I’m certainly no expert 😜😩 🎯🔥💚✅ @Binance Square Official #BinanceSquareFamily #USMidterms-WhatAreMarketsExpecting? #ETH $HYPE
The market didn't want Trump. No matter when you read this.
Asia plunged again; Taiwan and South Korea fell sharply. Europe positive. US positive. The crypto market is stable, with a slight rebound, but nothing significant for now.
Narratives turn into propaganda for the herd, and the herd is always there. Since the early days of the stock markets, in the writings of various authors on financial psychoanalysis, the word “herd” referred to people chasing candles, not trends. People who bet on assets based on news that enriched wallets, versus a few who traded while waiting for trends. Only a fool could call the guy who got everything wrong in his country a winner. The same thing happens here, and then in the wallets. The fool acts like cattle. If they don't start with the macro picture, how do they think the market could work? Explain it with sound reasoning and respectfully if I'm wrong👇👇👇👇👇👇👇👇👇 $ZEC #BinanceSquare #nosoyuntraderentable #BinanceIncidentReport @Binance Square Official
$TRUMP He lost the election. Why does such an unstable guy become dangerous? He picked fights with Europe and Canada with unfair tariffs, record inflation. Unemployment was never measured properly. The dollar became more expensive, and interest rates went up for a country that lives on credit. Pro-Putin. He started a war with Iran and never even knew who the leaders of the Republican Guard or the religious leaders were. Remember the little chart of tariffs on the world at the press conference? People with no reasoning skills could only say that the Republicans were winning. The market will deliver its verdict tomorrow, but that country has two complicated years ahead, with lots of decrees? $XRP $BTC #USOctoberNFP-AreRateCutsStillPossible @Binance Square Official #nosoyuntraderentable
just to pay the commission $ZEC nothing to do today buttttt... #zcash is the most talked-about thing everywhere @Binance Square Official #BinanceSquare it's the most talked-about coin, and when it reaches 4500 USDT everyone will be happy. I don't count this as a winning trade, but 19/19 ✅🎯💚🔥 $ETH ZEC and Solana are the coins I trade the most. I don't know BNB, but I've been watching it closely on my chart since I got in at @Binance Futures I'll have some battles there, the kind I like. the pretty girl commands respect, as she's an absolute trend on Square #nosoyuntraderentable #USMidtermElections #ChinaCrackdown
#nosoyuntraderentable Copy it and paste it into a winning trade. With time, you’ll go unnoticed, but not ignored by those who really understand it 😜😂 Well, those who keep following me in these giveaways 🎁🎁🎁🎁🎁🎁🎁🎁 aren’t entered for the big envelope coming on November 25. And since one good turn deserves another, only the 10 who compete the most will get an envelope. Another easy one about my 🎂 birthday. The question is: When is Homer’s birthday? ⚠️ Answer in lowercase: ✅
Of my spot coins, at these prices I would keep buying them, and in fact I’m doing so with some of them. This is not financial advice. Do your own research and study each coin carefully. Market capitalization Supply All-time lows All-time highs Network Security Type of fixed-term investment (Simple Earn, staking, locked) Look for information on Twitter and on their official pages. Updates, burns, AI, etc. When you buy a coin, you’re making a medium- or long-term investment. Prior research is very important, and here at #Binance you can access information and data and find good information too. But look up the token on social media and make sure it has its official verification checkmark for more accurate information. #nosoyuntraderentable @Binance Earn Official @Binance Spot #BinanceSquare $AEVO $ONDO
#nosoyuntraderentable 🎯💚✅🤗🔥 I'm going to extend it, and if anyone wants to help me by copying it only on a winning trade, that way it'll bring them more success. 💚
second attempt to break resistance at $ZEC ; it even managed to break through, but without success. will it seek shelter and strength at the 1178 USDT support to make another attempt? it's in the October client zone, between clearly defined ranges. it should give us a clean entry and a dummmmm to the 1120 zone again, but today it should give us the entry signal.
Let's go with an easy one. But since it's an easy one, help me out with a follow and help me by sharing my #nosoyuntraderentable . Who has a birthday today? $BTC $BNB Or Homer? Answer in lowercase. Homer.⚠️🚨🎂✅🎁🎁🎁🎁🎁🎁🎁🎁
Whales have strong positions at 76k and 79k the heatmap turned very yellow at these liquidity prices. the US elections are the reason. Republican winner: 79k Democratic winner: 76k most of the entries occurred on the 2nd, in the early hours. this could be a deadly trap for highly leveraged retail traders entering now. $BTC decides its short-term future tonight? #USMidtermElections #nosoyuntraderentable @Binance Square Official #BinanceSquare
neither $BTC nor $ETH existed when I was born on November 3. They made progress and had their sons and daughters. I also made progress and had two beautiful daughters. I watched them be born, and a little of my progress came during those golden years of spot, when Argentina was suffering from runaway inflation and my wallet back then let me watch my capital grow significantly. But we couldn't withdraw that money because of Argentine banking regulations. Then everything settled down, we were able to withdraw it, and even today there are highly inflationary countries where taking refuge in USDC means not losing purchasing power. I experienced all of this with these two coins and many others, which are now countless. But since this is no longer important in my life—and I'm more interested in being part of what's innovative and learning about what's coming—it makes me curious. Just imagine: back then, you didn't have coins like you do now, but what you do have now is an established crypto market. Back then, everything was very risky. We were kind of kamikazes 😜😂😂😂 How @Binance Square Official gives us this new way to get to know each other, share stories, publish content, and all that. I want to take this opportunity to thank you for my first birthday on #Binance , where I was welcomed so warmly. I made a nice investment in spot and alphas (keep your money safe), and I'll bring my foray into the crypto world to an end in two years, God willing. Cycles come to an end, but we don't let up until we've seen them through. Happy 🎂 birthday to me 🇦🇷💚✅🎯💹🎂 Thank you, Binance. I hope you recover your energy soon; there are some very capable people there 💚 Forever grateful to #coinbase 💚 And for you, #BinanceSquare , a small request: reward those who really know how to trade, too. I said—and I understand—that this network is for content creators, but real money rules here, and if I want to and set my mind to it, I can make more than the traders who really put themselves on the line. Let's not lose sight of what's most important. #nosoyuntraderentable I can make it my Binance signature 😂