Is your trading mentality collapsing? To put it simply, it's just one word - anxious.
I have seen too many people before their liquidation. They stare at the market crazily, open positions frequently, and their leverage keeps increasing. When asked why they are doing this, the answers are usually similar: they want to recover their losses quickly, want to turn things around soon, and want to prove something to someone.
So what’s the result? The system is discarded, common sense is thrown away, and everything relies on gut feelings to gamble. If you lose, you increase your position to try to recover, and if you win, you want to take another big gamble. Haven't we seen enough of this death spiral?
The solution is actually very simple - just stop.
Really, stop literally. Don’t look at the charts, don’t place orders, let the bullets fly for a while. The market won’t run away, so why the rush? Start with the smallest position to get a feel for it, regain that feeling of "I know what I’m doing," and then gradually return to normal operations. No need to rush.
But the difficulty lies in how to control that restless heart of mine?
Managing desire doesn't mean you shouldn't be greedy, but rather to distinguish: when to be ruthless and when to be cautious. When the opportunity hasn't come, you must hold back. Many people just can't wait, their hands itch to "experiment" with a couple of trades, and once they incur losses, their desire to win takes over, leading to a new round of spiraling.
Remember, making a big profit is indeed enjoyable, but a wrong bet could send you back to square one. Risks and rewards are never equal.
So, the biggest enemy in trading is never the market, but your own "urgency." Slow down, live longer, and only then will you have the chance to wait for the market conditions that truly belong to you.
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