What to do when trading gets too intense and you can't control your hands?
Many people get caught up in trading, thinking about making big moves when they see floating losses and gains. In the end, they end up with nothing. I have summarized six personal experiences that I hope can help you.
First, it is essential to cultivate self-control. You should not be overly concerned about gains and losses, make last-minute changes, or second-guess yourself. As long as it aligns with your trading plan, you must strictly execute it.
Second, you should consistently maintain a stable trading mindset; you shouldn't be overly excited or too discouraged. Only by completing each trade with a relatively stable emotional state can we prevent our operations from going off course or becoming distorted.
Third, you must rigidly execute your trading discipline. The trading plan you developed in advance must be strictly followed. You can forfeit trading opportunities, but you cannot make last-minute changes to your pre-established plans; develop a style of being decisive.
Fourth, maintain a relatively relaxed trading mindset. You shouldn't be too tense, too focused, or overly excited. You should control market changes with a more relaxed attitude.
Fifth, maintain an appropriate trading rhythm. Based on your personal trading habits, develop a rhythm that belongs to you, and do not let the market's rhythm disrupt your customary trading rhythm.
Sixth, develop the habit of reviewing trades and being willing to reflect. By reviewing important technical points, summarize your experiences.
In summary, short-term speculative trading is a test of trading mindset and trading cultivation. Good trading quality requires a fusion of personality type, internal cultivation, and external techniques, which must be fully matched to form. You need to find a system that belongs to you, manage your funds well, to achieve stable and sustainable profits.
As a seasoned cryptocurrency investor, I share my experiences and insights. Interested in the cryptocurrency world but unsure where to start? Click the profile picture to see the introduction to my journey, and let's witness the moment of miracles together.