YOU DON’T HAVE TO TRADE EVERY DAY ! Overtrading doesn’t make you a better trader; it puts your capital at risk. Two weeks ago, I met a rookie trader who was riding high on the market’s momentum. He had over a dozen positions open at once ( insane, 3 at risk to me is dangerous), yet he was feeling confident because everything seemed to be working in his favor. I warned him about the coming volatility and advised him to de-risk his positions. He didn’t listen. A few days later, after the market corrected aggressively, he went dark—post-loss depression hit hard. You can’t control the market, but you can control your risk. Overexposure is a silent account killer. Patience, discipline, and risk management are the foundation. I highly recommend LR Thomas’s book on overtrading. Here are some principles I’ve learned from it: 1. Create a Trading Plan – Define entries, exits, and risk limits. Stick to it. 2. Set Goals – Realistic goals keep you focused and disciplined. 3. Use a Journal – Track trades, emotions, and patterns to learn and improve. 4. Manage Risk – Proper position sizing and stop-loss orders are key. 5. Control Emotions – Practice mindfulness to avoid fear and greed. 6. Limit Trades – Fewer, well-thought-out trades often lead to better results. 7. Avoid Noise – Tune out distractions and stay focused on your plan. 8. Take Breaks – Rest keeps your mind sharp and avoids burnout. 9. De-Risk: Limit open positions to one or two unless the stop-loss is at break-even after taking the first profit. Only open new positions once de-risked. if you spot trade do not visit account every single day if asset you think it will pump in long-term just leave it alone
By applying these strategies, I’ve cultivated consistency, and my trades reflect it. Follow my copy trading account to see the difference discipline makes. Click here to copy and 🚀💰. Cheers, and happy trading! #success #tradesmart #overtrading #tradingpsychology #winnermindset
Hacker Steals Truth Terminal Founder’s Account, Earns $6 Million in One Hour. According to BlockBeats, on October 29, Lookonchain monitoring revealed that a hacker had stolen the X account of Truth Terminal founder Andy Ayrey. The hacker then posted meme content, managing to earn over $6 million in just one hour. it's insane that hacker has idea to promote a meme coin by pump after posting this meme. the crazy idea this is modern hacker with using full brain potential 🤯🤯🤯