1. The constant urge to trade.
Reasons: greed, the desire to recover losses, the attempt to change your current financial situation through trading.
What to do?
Focus on “clean” and high-quality trading. Look for high-probability setups. Fully plan every single trade you take.
2. The need to predict every market move.
Reason: fear of uncertainty.
What to do?
Accept that you cannot predict the future. Anything can happen in the market at any time.
3. Trading during high uncertainty.
Reasons: greed, fear of failure, impatience, lack of confidence in your system.
What to do?
Calmly wait for your setups. Don’t rush. Use your free time for studying or backtesting.
4. Perfectionism.
Reasons: the illusion that you can’t be wrong. Overestimating your abilities, unrealistic market expectations, and overly emotional reactions to mistakes.
What to do?
Allow yourself to make mistakes — but work on eliminating them. Understand that you will make mistakes, and accept it.
– KingKessy
#traders #crypto