@BOMBERuss 8 October 2021 more from that month

Against the background of the rise of the market, I want to speculate a little about how to approach my deals. Time to trade like a samurai. And, of course, the update of technical analysis. Accept all possible losses in advance before entering into battle The most important rule. Always and to anyone who asks for advice about trading, I recommend first of all to plan losses. Whenever you make a trade, you should know exactly how much you will lose if the market goes against you. If you strictly adhere to your plan, it means that you have accepted a potential loss even before the transaction. The only thing you can control in trading is how much you lose. Bring your mind, body and spirit into balance In trading, as in life, balance is everything. You should trade only when you are in the right mood and emotional state. You cannot expect profit or success if you are not focused and do not control your emotions. For some, this means allocating certain days for trading and, leaving, closing all transactions regardless of market conditions. For others, it is to allocate a small amount of time to trade every day and set a hard stop loss. Only you know when you are in the best shape and what you do best. The market doesn't know that. A sharp reaction and precise actions are rewarded by the market, a dull state of mind is punished. There is such a rule. Trust your skills and intuition You need to create your own system based on your unique qualities, which also takes into account your lifestyle and expectations. It doesn't matter what someone else has to say about your trades or trading style, and it's just as impossible to consistently successfully copy someone else. You have to develop your own system according to your own skills and learn to trust it. Copying someone else's system will inevitably lead you to failure sooner or later. By copying other people's deals, you risk putting yourself in a difficult position that you are not ready for, so follow your own path and learn to trust him. Clearly imagine the victory Just as you know exactly how much you will lose if you fail, it makes sense to pinpoint your goals and not revise them when the price reaches these levels. Don't be greedy, fix the profit according to the plan. Having defined a plan, let the market take care of the rest. Relax. The difficult and defining part is behind us. Focus on the present moment and be thoughts only here and now to overcome fear Fear should never be a part of your trading. As long as fear and emotions determine your actions, you cannot become a successful trader. Take a deep breath and remember why you are here. At some point and in a certain state of consciousness, your thoughts will form a plan and it will make sense. Emotions interfere and lead you away from the path that was clear at the moment when you managed to abandon them. Put them aside when it comes to your money. Never stop the action you started When you enter into a deal, there is no turning back. You have already performed the action. Your plan doesn't change. You make a deal and let the situation take its course — for better or for worse. The time to form a decision is before you enter into the transaction. After the decision is made, the plan does not change. #CryptoTrading