$ETH

On the 10th, I wrote an article: "To Succeed in Trading, Forget About Yourself." Some may ask, what does it mean to forget about yourself?

This phrase may sound a bit abstract, but it is indeed a genuinely useful perspective. Forgetting about yourself doesn’t mean you don’t know who you are; rather, it means you should not focus your attention on your desires and fears.

We are involved in this industry because we are attracted to the beautiful vision of being able to make money easily in this market, which is fine. However, if our minds are filled with thoughts about whether this trade will be profitable (the worry about losing is actually also a concern for profitability), then we have lost sight of what is important. You will be led by your emotions, and you will become a slave to your feelings, making success impossible.

If your attention is not on yourself, then where should it be? Of course, it should be on the market trends themselves.

The image shows my daily homework; during major trading days, I always perform a market analysis, break down the price chart, and then think about all possible future trend classifications.

Having a complete categorization of trends allows you to know how to respond to each situation, so the trends won’t trap me, and I can handle them with ease.

When you don’t focus your attention on your emotions, you can clearly see the reality of the market and won't be fixated on how it must move. Just like yesterday with Ethereum, once the 4-hour chart doesn’t follow the standard trend and the classification of not making new highs comes out, you can follow the trend actively and respond accordingly, which led to a better outcome last night.

Of course, we are all human and have not evolved to a state where we can completely eliminate any emotions; that would be divine. In the beginning, we can start by being aware of our emotions, noticing when feelings of greed arise, and when we begin to feel fear. Recognizing their existence and then gradually ignoring them will lead to noticeable progress over time.