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🚨🚨JUST IN: Bitcoin smashes through $119K hitting an intraday high of $119,444!
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#DayTradingStrategy 9 Trading Psychology Mistakes and How to Solve Them 1. Chasing Trades The mistake: Entering trades late just because a stock is moving fast. The fix: Don't react - plan. Only take trades that match your setup and risk criteria. 2. FOMO (Fear of Missing Out) The mistake: Jumping into trades because "everyone else is in." The fix: Remind yourself: discipline over excitement. There will always be another trade. You don't need to catch them all - just the right ones. 3. Overtrading The mistake: Taking too many trades out of boredom or the need to "do something." The fix: Limit trades per day or per setup. Less is often more. 4. Revenge Trading The mistake: Trying to make back losses immediately with bigger, riskier trades. The fix: Take a break after a loss. Let your emotions settle before re-engaging. 5. Hesitation to Enter The mistake: Freezing up on good setups due to fear of loss. The fix: Trade smaller size until you build confidence. Focus on following your process, not winning every trade. 6. Ignoring the Trading Plan The mistake: Making decisions based on emotion rather than your rules. The fix: Write down your plan before every trade: entry, stop, target. Then stick to it. 7. Cutting Winners Too Early The mistake: Selling as soon as you're green because you're afraid to lose gains.The fix: Use partial exits or trailing stops. Let winners work. 8. Letting Losers Run The mistake: Holding onto losing trades, hoping they'll bounce back. The fix: Respect your stop-loss. Small losses are part of the game - large losses are avoidable. 9. Tying Your Self-Worth to Performance The mistake: Feeling like a failure after a red day. The fix: Detach your identity from your P&L. Success in trading is about consistency over time, not short-term results.
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Explore my portfolio mix. Follow to see how I invest! #MyStrategyEvolutio
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Hype around #USCryptoWeek is real. Regulators, devs & investors unite to shape the future of digital assets. From DeFi to stablecoins, big ideas & policy shifts are on the table. What happens this week could echo for months. Stay sharp. #crypto $BTC $ETH
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But instead, my discipline failed. It led me down the wrong, painful path. I lost my head on #DAX, and the market delivered the same crucial lesson, as always. #TradingStrategyMistakes #Trading #Discipline
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