btc is on its way to 70k$BTC | billionaire extence on Binance Square

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btc is on its way to 70k$BTC 

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#TradingPsychology 1. Stop Thinking About the Money So Much It’s weird, but the more you obsess over profits, the more mistakes you make. The pros? They don’t stare at their P&L all day. They trust their setup, take the trade, and let it play out. Money’s important, sure—but once you treat it like a side effect of good trading instead of the goal, your head clears up. 2. Losses Happen—Don’t Let Them Shake You Even the best traders lose. It’s part of the deal. What separates pros is how they don’t freak out. They don’t revenge trade, don’t spiral. They go, “Okay, something didn’t work. Why?” Then they move on. No drama. Just learning. 3. Focus on the Process, Not the Result You can't control whether the next trade wins or loses—but you can control how well you followed your plan. Pro traders care way more about doing things right than being right. It’s about consistency, not perfection. 4. Keep Your Emotions on a Leash Big win? Cool, don’t get cocky. Bad loss? Don’t spiral. The pros stay centered. They might feel stuff, sure—they’re human—but they don’t let those emotions drive the next move. It’s like being the calm one in a room full of panic. 5. Learn to Wait This might be the hardest part. Not trading. Just sitting there. Waiting for the setup to look just right. Most people get bored and force trades. Pros? They’d rather miss a move than jump into a bad one. They trust that the market will give them another chance—because it always does.

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#StopLossStrategies Sure, here’s a clearer version with headings and explanations: --- 1. Percentage-Based Stop Loss This is the most straightforward method. You decide how much of your capital you’re willing to risk, say 3–5%. If you buy a coin at $1,000 and set a 5% stop-loss, you’ll exit the trade if the price drops to $950. It’s simple and helps manage emotions. --- 2. Support/Resistance Stop Loss You place your stop-loss just below a key support level if you're buying, or just above a resistance level if you're shorting. This method uses technical analysis to set a logical exit point based on market structure. --- 3. ATR (Average True Range) Stop Loss This is a volatility-based approach. ATR measures how much an asset moves on average. You set your stop a certain multiple of the ATR away from your entry price. This helps avoid getting stopped out by normal price fluctuations. --- 4. Trailing Stop Loss This stop-loss moves with the price. If the coin goes up, the stop follows at a fixed distance. If the price drops, the stop remains in place. It lets profits run while limiting downside if the trend reverses. --- 5. Time-Based Stop Loss If a trade doesn't move as expected within a certain timeframe (minutes, hours, or days), you exit the position. This helps avoid being stuck in sideways or indecisive markets. --- 6. Break-Even Stop Loss Once your trade is in profit, you move your stop to your entry point. This ensures you won’t take a loss on the trade if the market reverses. It’s commonly used to protect capital during uncertain conditions.

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