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Get cash. Get gold in your hands. Stock up on non-perishable essentials. And if protection gives you peace of mind, arm yourself.
Start training your mind to get ahead of the game. If your earnings allow it, pay your bills several months in advance instead of living month to month.
Why? - Because when you eliminate constant financial stress, you unlock clarity. You stop reacting. You breathe easier, think sharper, and make moves from a position of power, not pressure.
$BTC looking good after yesterday retarcing, $84.2k still is the key level to break . $ETH took a nice bounce from $1800 region. Not so much for other alts. Last NY session of the week. $SPX index is officially in correction and weekend is approaching. It will be really tough to trade with leverage. Only comfort zone will be today closing above $84.2k.
Winners & losers have the same goal, the difference is their system that got them to winning or losing.
Stop focusing on your pnl & focus on the trade.
When you're trailing your SL, focus on the original trade idea. "If price comes back down to point B, will my trade idea still be valid?" Don't think about the amount of risk you have on the table, or you will trail to quickly. Don't think about the amount you will profit at full TP, or you will trail too late.
Look to optimize your system, not your account size.
If your system includes looking through the same 5 timeframes, start looking through 10 timeframes. If you take 1-2R trades, adopt a strategy that takes 3-5R trades.
Achieving a goal is only a momentary change. If you successfully increase your account size from 25k to 100k after failing multiple times, what makes you think you can't blow it the same way you blew the previous accounts ? This is why so many traders blow account after account, funded challenge after funded challenge.
The purpose of goals is to win the game, the purpose of building systems is to continue and forever play the game.