Alexander Pankrakhin (@pankalex) • Hey
Sharing useful crypto related activities.
Publications
- Because of the drops!
- The best day!
- Huge respect for @lens/princetiwari! Not all heroes wear capes.
(100% collects of this post goes to him)
- Good morning frens
- Open actions are eating the world
- Anyone who hasn't sold the drop #WEN? might not need to, we know first hand what the memes can do on solana🐸
@lens/gemboy
- "The key to everything is patience" - Arnold H. Glasgow.
As you realised from the title of the post, let's talk about the importance of patience and discipline in relation to your trading.
What does patience mean in trading ?
🟢Developing a trading strategy.
🟢Developing skills.
🟢Waiting for the right trading situation.
🟢 Entering and exiting the trade at the right moment.
All the points above are the responsibility of your patience, thus we move smoothly to discipline.
Discipline for a trader is consistency, backtests of your trades, analysing each trading day, keeping a journal, etc.
At first, for beginners, staying on the sidelines and just watching the market will mean that you are missing out on profits. This way of thinking leads to lack of patience and becomes the reason for opening trades on emotions.
The task of a beginner is to learn to make the right trading decisions, to wait. Trading is not a story about "get rich in one trade".
As an example, let's take the current situation on the market, where for several weeks we have not seen a clear movement, now more than ever you can apply patience and refrain from opening deals, as the stage of the market at this time does not dispose to active actions. Patience at such moments will save your deposit.
Opportunities to enter a good deal appear often, there is no need to hurry, stick to your trading settings and if today there was no clear situation for you, it may appear tomorrow.
- @lens/jessyjeanne je viens de voir ton intervention dans « NFT, chaos dans le monde de l’art » congrats !!
- the cycle continues