posting this as a reminder:
in this casino we call crypto, all that matters is simply how much money you have extracted out and put into sound assets like bitcoin, spx, fiat, real estate or even precious metals
> the amount of uPNL you missed does not matter
> the amount of money that your friends on tg are making does not matter
> the amount of money kols on twitter are making does not matter
> the number of 100x coins you missed does not matter
all that matters is how much YOU have taken out
Trading should be boring.
You should know what you're looking for, how to execute the idea, and how to manage it.
The majority of the time is spent waiting - doing nothing when there's no trade, and doing very little whilst letting the trade play out in most cases.
If you have a good trade selection process in place, going through your watchlist or dashboard shouldn't be an arduous or time-consuming process. You should be able to more or less eyeball the chart/price/spread/whatever you trade and quickly tell if there's something there.
The best trades should jump out at you, begging to be traded.
Once you've punted, don't fall for the low time frame false idol of being stuck on the tick chart micromanaging every little move. Most of the time that is unproductive.
Instead, it is often a symptom of not having a clear trade management process in place. It is also a symptom of not being comfortable with the risk you've taken. If you've put on too much size on a mediocre opportunity, that is something you subconsciously recognise and compensate via obsessively managing the trade. It does little more than offer you a false sense of security and increase the odds that you fumble an otherwise salvageable trade.
Social media makes this difficult. You're bombarded with charts, shills, PnL cards, random squiggles labelled as 'trade ideas', the next big narrative, and so on. It can make you feel like if you're not in a trade making money right this second, you're losing.
In reality, most of that stuff is noise. In crypto, a disproportionate majority of your lifetime PnL will come from a handful of good positions in a relatively short period of time.
Focus on building your process for those opportunities instead of arbitrarily filling your 'positions' tab to feel something.