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David Makavelli 420
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#XPINUSDT
demo trading gives u wings🪽
and live trading chops wings 😄
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David Makavelli 420
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Binance Life
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#LIGHTUSDT should I close it here or be a little bit greedier.
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Almost every trader — beginner or experienced. This is known as the “Greed & Fear Cycle” or “Emotional Trading Loop.” Let’s break it down 👇 💭 1. What’s Happening – The Greed & Fear Cycle Stage Trader’s Mindset Result ✅ Profit around +$6/$7 “Let it go to $10!” Greed ⚠️ Profit drops to +$3/$4 “It’ll come back to $7 soon.” Hope 🔻 Turns to -$2/-$3 “I just want my capital back now.” Fear 💥 Final Result Exit with loss or no profit Emotional trading You’re caught between greed (wanting more) and fear (not wanting to lose) — and both destroy consistent profits. --- 🧠 2. The Solution (How to Fix It) ✅ A. Plan Before You Trade Always decide this before entering: Entry price Take Profit (TP) Stop Loss (SL) Example: Entry: $20 TP: $22 (+10%) SL: $18 (-10%) Once trade is placed — turn emotions off, system on. 🔁 --- ✅ B. Use a Trailing Stop-Loss When profit reaches +$6 or +$7: Move your stop-loss above entry, say +$2 That way, even if price reverses, you still keep profit. --- ✅ C. Follow the 1–2% Risk Rule Never risk more than 2% of your total capital in one trade. Example: If you have $1000, max risk per trade = $20. This protects your account from emotional losses. --- ✅ D. Keep a Trading Journal Write down every trade: Why you entered When you exited What you felt This helps you spot emotional patterns and build discipline over time. --- ✅ E. Master Trading Psychology Trading ≠ gambling. Markets reward discipline and punish greed. > “The market rewards patience and punishes greed.” Follow for more discussions.
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cruising islands and lambos
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nice one
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