Making Money In Between 📈

This comes from my own experiences over the past few years of trading actively and collecting loads and loads of data in order to understand why some are profitable and the majority is not.

If helpful, re-tweets as always appreciated đŸ™đŸŒ

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As a trader, you need to understand that price doesn’t matter. The market will always be there and so will new setups and trading opportunities.

Because of so much information and FOMO creation, it’s easy to get the tendency to hunt every single movement.
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Everyone has their favorite coins to either trade or hold and therefore they want to keep talking about it and tell everyone that you gonna be missing the spaceship.

The truth is, as a trader, you are not missing anything.

The coin is pumping? Guess what...
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...resistance is about to stop it and a new setup will be created.

There is no resistance and its in price discovery? It will still retrace and give you an entry.

It all comes down to emotional behavior again and that you have to ignore the noise.
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Especially here on CT, there is a lot of noise and that leads to FOMO or panic with a snowball effect.

But what is another reason why you think you are missing the boat?

The need for “I need to make more capital to have more capital to be able to make more capital faster.”
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This is greed.
Greed in its most purest form.

You believe that the market is running away from you if you are not in a trade and that you won’t have the chance to make more money in order to have bigger trading positions in the future.

Wrong.
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You have so much time to get to that point and you should focus on building your trading system and compounding steadily instead of thinking how much $$$ you just cashed in.

Yes, it’s tempting to see some CT amigos showing their $78k position with a 10x leverage and...
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...a profit of $16.5k and growing.

Ignore that or try to understand how those people got there and what they were doing. Study their trades.

Look for that edge that will give you an advantage in this market instead of putting yourself in a get rich quick mode.
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You won’t get rich quick. And if you do, you will lose it even quicker.

Take it easy, plan ahead and let the people FOMO without you.

Because you are waiting with your bids, ready for the next train to leave soon 🚂

No tops. Not bottoms.
You are making money in between.
You can follow @TheTradingTramp.
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