Read this if you don't want to lose money
=> Control your emotions when trading futures.
==> Secrets to surviving in volatile markets:
+ Futures bring huge profits but come with high risks.
+ Emotions are the biggest enemy of investors.
+ Goal: Stay rational -> trade according to the plan
==> Why are emotions important?
+ Winning a lot → overconfidence → placing large orders.
+ Continuous losses → panic, revenge on the market.
+ It's easy to break personal principles → heavy losses.
Real-life example:
+ Trader A: Entered a long-term BTC order, slightly adjusted the price → cut losses early → the price recovered as analyzed.
+ Trader B: Holding onto losses for too long and not setting a stop-loss → burning the account.
=> Emotions control = will lead to wrong decisions
==> Emotional control solution
1. Have a clear plan (entry/target/final target)
2. Risk management (maximum 3-5% per trade)
3. Accept losses as part of the game
4. Keep a trading journal (including your psychology)
5. Think like an investor, not a gambler.
==> Mindset of successful investors
+ Cool, unaffected by short-term fluctuations
+ Stick to your strategy, and don't be afraid to miss out on opportunities at all.
+ When strong fluctuations occur, prioritize survival first -> profits will come later.
====> Conclusion:
+ Controlling emotions is a skill that must be practiced.
+ Winning trades do not depend on luck, but on discipline and a strong mentality.
+ The nature of money is merely a transfer from one person's pocket to another's.
So let's be smart investors.
(The encoded luck god)
#thantaicrypto