coffeecrypto
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How important is trading psychology in Futures?
Futures trading has an immense allure, as it is incredibly easy to make money there, watching the numbers increase when you predict the trend correctly; its profit margin is extraordinarily high, to the point where you can hardly imagine it. Some people change their entire lives from just one Futures trade, but there are also those who fall from the peak of their lives to the abyss, all because of Futures...
We have also experienced excitement and struggles with Futures, making wrong decisions and right decisions, and here are the psychological stages everyone goes through when entering Futures:
- Stage 1: Greed - This greedy mentality always plays a key role in our decisions. Greed is unpredictable, wanting more even when in profit and wanting more even when in loss.
- Stage 2: Fear, fear of price movements, fear of being wrong, fear of losing money.
- Stage 3: Excitement when in profit and frustration when in loss; both are dangerous.
- Stage 4: The excitement mentality makes you lose control, and the frustration mentality makes you want revenge.
In fact, with Futures trading, the most important thing is not knowledge but the psychology during trading. Once you have placed a trade, keep your mindset balanced, accept losses when wrong, and know when to stop at the right moment when enough is enough. Only in this way can you trade comfortably; otherwise, with the heavy burden of revenge mentality and the mentality of recovering losses, you may continue to lose for a long time....
#coffeecrypto
Futures trading has an immense allure, as it is incredibly easy to make money there, watching the numbers increase when you predict the trend correctly; its profit margin is extraordinarily high, to the point where you can hardly imagine it. Some people change their entire lives from just one Futures trade, but there are also those who fall from the peak of their lives to the abyss, all because of Futures...
We have also experienced excitement and struggles with Futures, making wrong decisions and right decisions, and here are the psychological stages everyone goes through when entering Futures:
- Stage 1: Greed - This greedy mentality always plays a key role in our decisions. Greed is unpredictable, wanting more even when in profit and wanting more even when in loss.
- Stage 2: Fear, fear of price movements, fear of being wrong, fear of losing money.
- Stage 3: Excitement when in profit and frustration when in loss; both are dangerous.
- Stage 4: The excitement mentality makes you lose control, and the frustration mentality makes you want revenge.
In fact, with Futures trading, the most important thing is not knowledge but the psychology during trading. Once you have placed a trade, keep your mindset balanced, accept losses when wrong, and know when to stop at the right moment when enough is enough. Only in this way can you trade comfortably; otherwise, with the heavy burden of revenge mentality and the mentality of recovering losses, you may continue to lose for a long time....
#coffeecrypto
#coffeecrypto #Spain
Big Move from Spain! Vanadi Coffee, a rising Spanish coffee chain, is brewing up something bold they're set to invest over $1.1 billion into $BTC as part of a major shift in their business strategy.
Taking inspiration from MicroStrategy, Vanadi isn't just dipping a toe into crypto they're going all in, aiming to become a Bitcoin-first company. Yep, your next cup of coffee might just come with a shot of Satoshi.
This could be one of the biggest $BTC bets we've seen from a non-tech company. Let's see how this bold blend plays out.
Big Move from Spain! Vanadi Coffee, a rising Spanish coffee chain, is brewing up something bold they're set to invest over $1.1 billion into $BTC as part of a major shift in their business strategy.
Taking inspiration from MicroStrategy, Vanadi isn't just dipping a toe into crypto they're going all in, aiming to become a Bitcoin-first company. Yep, your next cup of coffee might just come with a shot of Satoshi.
This could be one of the biggest $BTC bets we've seen from a non-tech company. Let's see how this bold blend plays out.
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