You know what'll mess you up in trading? Not your first red candle.
It's that first fat green one.
That's when the ego kicks in. That's when you start thinking you've cracked the code. Suddenly risk management? Out the window. Position sizing? Who cares when you're on a hot streak.
The market doesn't punish you for being scared at first. It punishes you for getting cocky after one lucky break.
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SchrodingerAirdrop
· 12-12 12:12
Getting inflated after a quick profit, this bad habit needs to be fixed.
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TokenomicsDetective
· 12-11 14:53
Really, making money for the first time is the most dangerous; that's when your mind gets all fired up.
You know what'll mess you up in trading? Not your first red candle.
It's that first fat green one.
That's when the ego kicks in. That's when you start thinking you've cracked the code. Suddenly risk management? Out the window. Position sizing? Who cares when you're on a hot streak.
The market doesn't punish you for being scared at first. It punishes you for getting cocky after one lucky break.