Zoom out 👀I’ve been musing over writing about this for some time. It’s really a “newbie” article.
If you haven’t checked out my previous articles on the Accumulation and Distribution pictures for BTC, please check them out here:
So, on to this article. Discord and CT are literally destroying perception of time and are also destroying your trading — if you let them.
Consider the following to see whether you have fallen prey of any influencing factors:
I have entered a position based on what someone on Discord/Twitter has said.
I have closed a position based on what someone on Discord/Twitter has said.
I have changed my bias based on what someone on Discord/Twitter has said.
During periods of ranging I have entered or closed a position because of the actions of someone on Discord/Twitter.
I enter positions that I have not planned because of the actions of someone on Discord/Twitter.
I have closed positions that turned out to be winners if I had stuck to my plan.
I have opened positions anticipating a big move just to have the market continue in a range before closing the positions again at a loss.
I open and close positions quickly if I see a “reputable” trader entering or exiting.