#exordium
Yes, there are problems whatever we do, especially when we talk about trading. That's for sure but what they are, when they show up, what they can do with our trades, and how to fix them is my today's case.
Welcome to my new post, thanks for your priceless attention, and have a good life!
#1 Fear
I can bet that fears keep first place in every work of our lives. Everything will be so good just if we eliminate our fears. Interesting topic to explore, by the way.
Trading is fear's favorite territory. There are unlimited opportunities to do his job as anywhere else. Opening trade, watching, and closing trades can be hell on earth if we don't understand our minds, our fears.
Fear just want us to fail, right? So, when we fail, the reason is one of the fears. We watch Uniswap on the market and it's down by -20% for some reason. We want to buy it but we expect the price more to fall, or we are afraid to make a trade because of this and that. We decide to wait, of course, the price started to rise, we are still afraid and only watch the chart. The price goes up to +7% so we are not afraid anymore and we open a trade. After a few moments price go down as crazy and we lost the game.
But, if we know what fear is going to do, we will buy UNI's right now and it will be a success story because when we want to buy is instinct, when we don't do something that's the fear.
Of course, there are many different types of fears but we will talk about that in one of my next articles.
#2 speed of decisions
When we trade, we must act as calm as possible. Too fast or too slow, the trade will be a failure.
If we just finished the analysis of the Uniswap and we are sure about buying because we know about the new update for tomorrow. When we go to the market and see the chart, go and open the fucking trade. You can overthink forever watching that chart, right?
Just buy and go for the next target.
#3 etc.
I'm not an expert, yet 😂 I don't know everything. My goal is to explore problems and spot some of them, we will solve them once we know what they are.
Right now I don't have anything on my mind to talk about, so it's better to end this article than write nonsense. However, it's fun and I'll write more articles about this.
Open conversation in the comments, subscribe to @trader and upvote with some BCH's 😇
Thanks for your priceless attention and have a good life!
