Simply put, it means knowing at which point to enter a position and at which point to prepare to exit—you must have a plan! Don’t let market fluctuations shake your trading plan!
Never trade just for the sake of trading; strictly follow your own trading system! To put it more bluntly, keep your emotions out of your trading system! Many people lose money because of emotional instability—chasing highs, panic selling, going all-in and getting liquidated, etc.!
As long as we become mentally mature and rational traders, the 10,000x target like BIT Langlang is only a matter of time!
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What is a trading system?
Simply put, it means knowing at which point to enter a position and at which point to prepare to exit—you must have a plan! Don’t let market fluctuations shake your trading plan!
Never trade just for the sake of trading; strictly follow your own trading system! To put it more bluntly, keep your emotions out of your trading system! Many people lose money because of emotional instability—chasing highs, panic selling, going all-in and getting liquidated, etc.!
As long as we become mentally mature and rational traders, the 10,000x target like BIT Langlang is only a matter of time!