After trading for so long, the biggest realization is—emotions can ruin everything.
I’ve summarized a few hard rules to deal with this issue. First is the loss trigger line: if daily losses exceed 5%, you must stop trading for the day and close the market for 24 hours. It’s not a clever strategy, just a forced cooling-off. Many times, the more you lose, the more you want to make it back, but you end up sinking deeper.
Days of making big money also need rest—that’s something many people don’t understand. But really, consecutive wins can impair judgment, and the inflated sense of confidence can lead you to make absurd decisions. So after a big win, I also take a day off to clear my mind.
Additionally, set a "no-trading day" each week where you completely avoid the market. Stay away from candlestick charts and data; this can help maintain clarity about the market. Days when you’re itching to trade are the easiest times to do stupid things, and this rule has saved me many times.
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ForkTongue
· 2h ago
That's right, I just didn't do that, and I lost everything.
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GasGrillMaster
· 9h ago
That's right, emotions are a trap. Once you step into it, it's over.
What I fear the most is that feeling of being high after making a big profit. I really want to go all in at every turn, but then a reversal sends me back to square one. No more talk.
I need to learn from the ban day strategy; that itchiness is truly the biggest poison in trading.
If it weren't for the strict cooling-off rules, I would have blown up my account long ago.
Honestly, stop-loss is much harder than making money. Only tough people can do it.
Every time I make a big profit, I can't help but want to do it again. This illness needs treatment.
Setting the 5% trigger line is good, but executing it is really uncomfortable.
A day of clear-headedness sounds simple, but in practice, it's outrageous.
The most dangerous moment is when you lose and still want to recover your losses. I've fallen into this trap countless times.
Clarity is more valuable than profit, but most people just can't understand that.
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QuietlyStaking
· 9h ago
To be honest, I knew this set of rules a long time ago, the problem is that I can't implement them haha
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AirdropHunterKing
· 9h ago
This guy is right, mindset is more valuable than skills. I just couldn't hold the 5% line, and ended up losing everything.
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ZKProofEnthusiast
· 9h ago
Alright, the words are good words, let's see how many days I can stick with it...
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GasFeeCry
· 9h ago
You're so right, the itch to trade is really a killer.
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ZenMiner
· 10h ago
Haha, you're so right. The urge to trade is truly the biggest killer.
A couple of days ago, I didn't stick to the no-trading day, and as a result, I lost big time. Now I deeply realize the importance of stopping.
Calmness > all technical analysis, no doubt.
After trading for so long, the biggest realization is—emotions can ruin everything.
I’ve summarized a few hard rules to deal with this issue. First is the loss trigger line: if daily losses exceed 5%, you must stop trading for the day and close the market for 24 hours. It’s not a clever strategy, just a forced cooling-off. Many times, the more you lose, the more you want to make it back, but you end up sinking deeper.
Days of making big money also need rest—that’s something many people don’t understand. But really, consecutive wins can impair judgment, and the inflated sense of confidence can lead you to make absurd decisions. So after a big win, I also take a day off to clear my mind.
Additionally, set a "no-trading day" each week where you completely avoid the market. Stay away from candlestick charts and data; this can help maintain clarity about the market. Days when you’re itching to trade are the easiest times to do stupid things, and this rule has saved me many times.