🚨 Why 90% of traders go broke in a bull market: the 5 psychological biases that sabotage your gains
Everyone talks about strategy, indicators, signals...
But very few talk about the real enemy: yourself.
Even in a bull market, the majority lose money. Why? Because our cognitive biases take control.
And if you don't identify them, they will destroy your performance.
Here are the 5 most destructive psychological biases I learned to spot (sometimes at my own expense):
1. Confirmation bias:
You see what you want to see. You look for arguments to validate your position, even if the signals say otherwise. A serious mistake.
2. Recency effect:
You believe that what just happened will continue. Example: a green candle = you panic and buy at the top. Classic.
3. Anchoring bias:
You cling to the "ideal purchase price" in your head, even if the market has changed structure. Result: you miss the real setup.
4. Overestimation of skills:
After a few winning trades, you think you are invincible. You increase leverage, you relax. Then... liquidation.
5. Loss aversion:
You refuse to cut a losing position, hoping it will "go up". Spoiler: it doesn't always go up.
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The real edge is not just technique. It’s mastering your psychology.
Learn to know yourself, and your results will change.
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