Welcome back traders! I hope you've had a great week and are pumped for the week ahead! We've got to finish Q2 off strong! That leads me to the quick-tip that I usually toss in, to give some meat to these TAking Requests posts: don't gauge yourself on day-to-day profit or week-to-week profit. Gauge your P/L by quarter. You need to let the Law of Large Numbers work in your favor, and if your strategy has a predetermined edge that you've backtested out (as it should, else you wouldn't be trading it), you need to let that edge play out in the market over the course of a decent sample-size of trades. ANYONE can lose a single trade. ANYONE can lose 2-3 trades in a row. It's inevitable. There can be down weeks, or even down months. Gauging yourself based on those time parameters will just drain your mental capital. When your mental capital is drained, your mind will whisper, "You're not good enough", "You can't actually do this, who are you fooling?". Don't get to that point.
Thanks a lot for the advice ! I know I’m not the only one who doesn’t finish understanding everything about charts and this definitely makes it easier to digest.
That's a good advice for the current cryptocurrency market situation. After all, in order to invest comfortably in a long-term perspective without being swayed by short-term situations, it is important to invest in projects with strong fundamentals and a clear road map.
Thanks for the great feedback guys :} Keep tossing in some ideas / pairs for my next episode! I originally was going to post "from the road" (in NYC for a week right now), but my hotel internet is somehow the worst ever... If it doesn't clear up this week, I'll have to post when I get home this coming weekend. Keep the ideas flowing though! And I haven't forgotten about the AMA!
Good stuff 👍 Atomic Market has provided good trade therapy, it’s allowed me to take my attention off of the other investments, let em sit!
Thanks a lot for the advice ! I know I’m not the only one who doesn’t finish understanding everything about charts and this definitely makes it easier to digest.
That's a good advice for the current cryptocurrency market situation. After all, in order to invest comfortably in a long-term perspective without being swayed by short-term situations, it is important to invest in projects with strong fundamentals and a clear road map.
That is some good advice/tip thanks you for post , and what you think charts looking for wax, and eth
That is really motivational. Thanks for this good piece of advice :D I'm really enjoying your posts.
Thanks for the great feedback guys :} Keep tossing in some ideas / pairs for my next episode! I originally was going to post "from the road" (in NYC for a week right now), but my hotel internet is somehow the worst ever... If it doesn't clear up this week, I'll have to post when I get home this coming weekend. Keep the ideas flowing though! And I haven't forgotten about the AMA!
and Don’t Put All Your Eggs in One Basket 🥚🍳