#TradingPsychology Alert for those who are starting in the crypto market!
More than charts, setups, and indicators, what separates those who succeed from those who fail is the psychology of the trader. Uncontrolled emotions are a recipe for losses. Winning once can make you overly excited, while losing can lead you into cycles of irrational recovery.
Before trading, be clear about your plan, your loss limit, and your goal. Never enter a trade due to "market pressure," fear of missing out (FOMO), or anger from a previous loss.
The trader's biggest enemy is himself. Study, practice, and most importantly: respect your mind and your emotional control.