Usman The Trader

Crypto Enthusiast, Trading since 2017,
Trading style: Conservative

[Usman The Trader @UsmanTheTrader]

You want to be a successful trader?

You need to be DISCIPLINED.

How to build self-discipline:

Offer your prayers five times a day on time

Be thankful for what you have

It will surely make you a disciplined person.

[Emperor👑 @EmperorBTC]

One thing my mentor taught me a long time ago:

You chase trades because you doubt your ability to find another good one.

You feel bad about missing pumps because you're unsure about your ability to find another opportunity.

[Mercury @TraderMercury]

perpetual optimism isn’t: ‘my assets are only allowed to go up’

that’s delusion.

perpetual optimism is: ‘opportunities will fall into my lap once again’

goodluck🖤

[Usman The Trader @UsmanTheTrader]

@ElizStockForex 🐎

[Crypto Bully 🔥 @BullyDCrypto]

@EmperorBTC Whenever you make a good trade, give credit to your luck.

When you make a loss, blame it on your impatience and lack of skill.
This keeps you humble.

[Emperor👑 @EmperorBTC]

90% of you will become profitable if you cut your losses whenever you start to pray for a breakeven on a losing trade.

When your house is burning, you Escape .You don't pray for rain while burning alive inside.

[Usman The Trader @UsmanTheTrader]

@EmperorBTC True af 💯

[Emperor👑 @EmperorBTC]

The worst thing you can do is let your extended family know about your trading career.

First they'll say you've no real talent or skills and just lucky.

Then they'll ask for financial help non-stop. They'll Never pack back. Always ask. Always come up with new excuses to borrow.

Then they'll act like it's your obligation to give them money, whenever they want.

Not giving them money will be termed as arrogant or disrespect.

No matter what culture, it'll happen to you.

[Mercury @TraderMercury]

if you have the ability to express a complex topic in a simplistic manner, that shows proficiency, not lack of intellect

you should be striving to make your analysis as simplistic as possible

> the easier it is to understand your own analysis, the more difficult it will be to overcomplicate things by fighting battles in your head

> the less battles you fight in your head, the more fluid your execution will be

> the more fluid your execution, the more consistently profitable you are

clarity sharpens conviction and execution.

[Crypto Bully 🔥 @BullyDCrypto]

@TraderMercury The ability to be wrong “quickly” separates a great trader from a bad one

So many fellas essentially trade without an invalidation and they then let their account go to 0 waiting for breakeven, hence they can't comprehend "being wrong"

[Mercury @TraderMercury]

it's difficult to hold a trade in unrealized profit;

it's easy to hold a position underwater.

fascinating.

[Emperor👑 @EmperorBTC]

For people thinking to get into trading. Please read this.

If you're learning to trade because you lost your Job or have other issues in life? Please don't trade. Trading or even learning to trade when you're stressed, desperate is guaranteed to get you bankrupt.

Influencers and course sellers also use this desperation to scam you.

Learning to trade starts as a hobby, then passionate interest, part time, then move on to it full time once profitable.

You're sad, unsure, in need of money? Stay away from trading.

Sorry for the anti motivation. I tell the truth as I don't have anything to sell.

[Mercury @TraderMercury]

how trading works:

one trader claims that you want to see large volume coming in to support a rally

the rationale: without lots of volume, buyers are likely to be shaken out on the next dip, and the rally will be fully retraced. presumably large volume means large support for the upward move

another trader argues that large volume is actually indicative of limit sellers; you should prefer to see small volume moving the market upwards, as this implies the inability to find willing sellers at current prices; the large volume comes in later at the peak of the move.

so who’s right?

they both are.

in the picture below, do you see a rabbit? or a duck?

it truly does not matter.

just as easily as one can support the argument for seeing a duck, one could dispute for the rabbit

back to our example: there will be times where high-volume reinforces a breakout, yet there will be a similar amount of times where it is proven incorrect after the market fully retraces the move regardless of that 'high-volume' signature

as long as you always see things that way, the market will be kind enough to give you victories in order to overcompensate for the times where the other perspective prevailed, and vice versa.

this is also why debating about TA is the most fruitless endeavor on the planet, similar to arguing about a rabbit or duck in that graphic above. it's silly.

you should be trading asymmetrically, where risk is capped but reward is unlimited; this means as long as proper risk management is in place, both perspectives are profitable.

so it’s not a matter of ‘rabbit or duck’,

or 'small volume vs. large volume',

it’s a matter of surviving long enough to see the times where your perspective is rewarded.

consistency, along with risk management, is key.

and the debate of 'who’s right?' is the very reason why the market continues to exist today

when I deeply understood this, I was finally able to detach from the anxiety of variance—short term outcomes that lead to drawdown

you allow yourself to see markets for what they truly are:

a luxury; a tool that we get to utilize to extract wealth, and therefore, freedom.

[Usman The Trader @UsmanTheTrader]

@BullyDCrypto 💯

[Usman The Trader @UsmanTheTrader]

@BullyDCrypto 💯

[Crypto Bully 🔥 @BullyDCrypto]

Worst mistake young traders make?
Aiming to earn a fixed amount everyday by trading.
Many youtube videos explaining ''Earn 2000 everyday/ 5% everyday''.
Having a fixed aim will get your Rekt. In market you rest like a lion and attack like one.
This isn't job for salary.

[Emperor👑 @EmperorBTC]

Making money in Crypto Just Needs Patience, Commitment and Distraction avoidance.

The modern man has no patience, avoids commitment and has endless distractions.

[Usman The Trader @UsmanTheTrader]

@EmperorBTC 💯

[Emperor👑 @EmperorBTC]

Your portfolio loss is directly proportional to your arrogance in not exiting a losing trade.

[Usman The Trader @UsmanTheTrader]

I'm cooked 💀

#trading #crypto #meme

[Mercury @TraderMercury]

there once was a time where I was the complacent bagholder during large selloffs

I’d hold out hope—I’d label ‘downtrends’ as ‘dips’ and convince myself I was “diamond-handing”

but I’d endure the pain for so long that I’d eventually develop a vendetta against the market

so when the next rally had finally arrived, I’d find myself begging for lower prices out of spite

it’s incredibly easy to find yourself out-of-sync with the market; too bullish on the way down, yet not bullish enough on the way up.

it’s even easier to resume the same pattern repeatedly, until eventually your mindset is so tarnished that you’re forced to perceive the market as an enemy—as ‘brutal’

but markets are a luxury.

so if you ever find yourself falling victim to this behavior, just know: you’ve already lost, regardless of what the market does next.

break the cycle.