89% of futures traders are liquidated in their first month. I was one of them, watching $5,400 vanish into the abyss of a market that didn't care about my feelings. When I started, I thought I was a genius because I hit a few 10x longs on $BTC. Then the volatility spiked, I doubled down to recover, and reality bit hard. The difference between the trader I was then and the trader I am now isn't a better indicator or a paid signal group; it is a simple spreadsheet.
Every time I enter a trade, I log the entry price, my stop-loss, my target, and the outcome. But the most critical column is my emotional state at the moment of entry. When I was trading $TRX, I used to write "FOMO" or "Revenge" next to entries that were...