@Smurf_ST_ @AltcoinVentures At this point in my learning process, I believe I’m trying to adjust the way I analyze the situation and how I will act on them in future. I’ve made a lot of mistake before and now I’m looking for a way around it. So that’s what I’m currently doing rn. Adjusting the way I trade.
Been feeling a bit better lately.
I’ve been losing a lot of trades, but would gain more from the ones that really matter.
Even though losing that one small trade might seem a lot, there are many other opportunities to gain that back.
The next thing I learned was Volume.
On top of that, I also learned the psychology behind the these trade on why people buy here and why people sell there
I think the most important thing I learned from last week was knowing how to take a loss
The reason I got liquidated in the first place was because I didn’t know how to take a loss
Just. Take. A. Loss.
@idexintern Lately I’ve been using 5m and 15m. But 4 days ago I was told to constantly switch between the 1hr, 4hr, and D.
I was surprised that I was missing out on all these good trades.
@0x_Farzad It’s been hard learning from Robin. Kinda just throw you into the action most of the time.
But I also think Robin’s method of teaching has also benefited me a lot over the past 3 weeks. Giving me really good pointers and breaking down what’s going on in the market.
Something unfortunate happened today and I ain’t feeling too well
This was my first time getting liquidated and it hurts like hell
The past week I kept watching the chart move sideways and down, hoping for it to bounce back up.
I couldn’t fall asleep because of this and so my sleep schedule became messed up. I can’t function properly and I feel like s***
I am not the type of person to swear, but I can’t describe how I feel any other way.
I’ll need time to recalibrate
My goal this weekend is to:
- learn how to manage my emotion
- learn how to chart and experiment more than one position
- finish writing down and understanding all the terminology for trading
Hopped into my first trade last night at around 8:00 and I had NO clue what was happening on half of my screen
I was always having the urge to sell when I had no reason to do so
I let my emotion take over me which I realized could potentially cause me to lose in trades
@0x_dragon@AltcoinVentures Doing nothing
If you’re lying in bed doing nothing, what you should be doing is learning something. Whether it’s learning about crypto, cooking, or even going out to practice ice skating.
My point is that you should always have that mentality of wanting to learn something new.
Ngl This whole experience was much easier than learning on YouTube
I learned three things:
- what bitcoin and cryptocurrency was
- the concept behind blockchain
- and most importantly, not to waste time
Really fortunate to be learning from the greatest @AltcoinVentures