🧠 Mindset Monday — “No Room for Wishful Thinking”
📌 Quick Summary
As Alexander Elder said:
“A successful trader cannot afford wishful thinking — he must be a realist.”
Buying just because “this time it must go higher” is not a strategy — it’s emotion in disguise.
🔍 Deeper Insight
FOMO buying happens when we let unrealistic hope override our plan.
You see the price surging, everyone posting profits, and you think:
“If I don’t enter now, I’ll miss out.”
But often, by the time you enter, it’s already near the top.
🌔 A realist doesn’t buy based on feelings — they wait for their setup:
✔️ Confirmed trend
✔️ Good entry price
✔️ Defined risk
🌖 Wishful thinking turns you into a late buyer.
🌖 Realistic thinking turns you into a patient, strategic trader.
🌖 And remember:
The market isn’t a one-time opportunity — it’s a flow of chances.
Missing one move is better than blowing your capital on a rushed decision.
Don’t trade your whole journey for a slippery “maybe.”
💡 Reflection
Next time $BTC or $ETH surges and you feel the urge to jump in — pause and ask:
Am I entering because my strategy says so… or just because I wish I was in earlier?
