🧠 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?

#MondayMindset