Newbie Crypto

On a journey to master trading and break free from the herd mentality, following the steps of the Master himself @moneytaur_

[ATH @CryptoChaseCase]

“Waste no more time arguing about what a good man should be. Be one.”

~ Marcus Aurelius

[Newbie Crypto @cryp_global]

@bit0ii @chartsMovesNews That’s what everyone was saying when btc was at 17k 💀

[Newbie Crypto @cryp_global]

@Cointelegraph @TraderDune 👀

[Newbie Crypto @cryp_global]

@MariusSm1th @tradingview Yep this past week had the same issue

[Newbie Crypto @cryp_global]

@CryptoChase02 Thanks chase, for the time you’ve put creating the charts and sharing it

[Newbie Crypto @cryp_global]

Was having the same issue for the past 3 months, great 2 weeks back to back, and then another week (wrong bias) I would give back all the gains,

I realized I was giving back my gains when I looked deeper below 1H timeframe, so from the beginning of may I started trading only 1H and above timeframe, will try this for 3 months and see how it goes

[Newbie Crypto @cryp_global]

@Larskooistra_ There’s the other version of it where they state being bullish, but when price starts dumping they’re like “I announced to my subscribers on my private discord to take profits and take shorts as a hedge”

[Newbie Crypto @cryp_global]

@Hopium47 We’ve all been there, start from scratch, and by scratch I mean, journaling every trade, emotions before and after, risk size, follow rules and you’ll gain back momentum

[Gian Luca @materagian]

I loved adding to a losing trade

There is a version of me that takes over when I'm losing. He doesn't listen to anything I've learned. He just wants the money back. Right now.

That's the part I want to talk about.
Sometimes pressure builds up and the old program kicks in. Then I think "now I have to push harder, make more money."

The patterns from my parents come up to the surface and I cross a line.
I start adding to the position because losing is not allowed.
Losing means something else. Losing means I'm in trouble. Losing means the alarm (fight or flight, I talked about this several times now)

In that moment I throw out everything I have learned lmao.
The old brain takes over.
The old patterns I absorbed from my parents over years and years. It moves through me like a fever (now I am aware but its takes so much energy tbh).
By the time I notice it, the damage is already done (often)

Fighting it in the moment is incredibly hard. The pattern has too many doors and most of them are open before my thinking brain even shows up.
So you panic. You look for a solution outside. That's easier. Even when you look inside, you reach for the quick tricks. Breathing exercises. Mindfulness. Whatever and all that esoteric stuff.
Feels good for a hours or days and then everything is back to exactly the same place.
You start doubting your own intelligence. You burn out your battery every single time. Then you walk back into the same fight!

In the end the suppressed grief and sadness comes out as pure rage. And all of it is happening because you trained yourself with bad habits for years and now they show up at the worst possible moment, which is when there is money on the line.

You have to figure out which strategy actually fits you. And that comes with a price.
The price is hard work and unlearning the old pattern. Doing the right thing over and over even though the inner resistance is screaming at you. Even though it can wipe out months of progress in 30 seconds. You know exactly what you should do. You still can't do it. Because the inner program is different from what your head knows.

Here is the one strategy that has actually helped me.
quick note first: this won't solve 100% your behavior problems maybe see a professional
Set a hard risk limit. For me it was $50 max loss per day in the beginning. Once I hit that limit, trading is over. No charts, no trading, nothing, go breath some air.
Doesn't matter if I lost it. Doesn't matter if I won it. Trading is closed for the day.

The point of this rule is not the money
And most of you will never understand this. Because trading is for you all about money. Its not
The point is forcing yourself to take only one or two trades a day. At the beginning it feels brutal. You think "I'm leaving so much money on the table". You are not!!!!
You are training the most valuable skill in trading which is waiting for an actually good setup and ignoring everything else.

Less is more. Leveling up patience.
You do this for months. Slowly real confidence builds. Position sizing gets better on its own. But size cannot be the focus. The second your ego switches on and wants to "make big money", the oversized positions kill the progress and sabotage you in one session.
And u know exactly that this is the case
We all know this doesn't work long term. Most of us have tried it. Most of us are still burning out at the exact same point lol and don't realize it.
So yeah. The strategy works. The ego is what stops people from using it.

As long as you can't accept that, you keep chasing the quick win and repeat the same mistake. The old programmed pattern keeps running the show.
Everyone has their own lesson in this life. Some people have a short attention span and give up after the first setback. Some never even notice what's running them because they are unaware.
I'm not claiming I have solved this. I haven't. I keep putting myself back into these painful situations and standing there frustrated and helpless. Sometimes I want to slap my face.
But over time you learn to accept that this is part of it. The acceptance itself is the work.
In the end everyone pays their price for what they actually want.
What pattern is still running your trading account, and have you stopped lying to yourself about whether you know what it is?

[Newbie Crypto @cryp_global]

@dragoncap_au yeah bro, but you are mentioning that vix low is due and usdt low is due, which means bearish for crypto soon, did i get it right?

so the upside you mean in your post is for vix and usdt not for assets?

[Newbie Crypto @cryp_global]

“Hack” time for Sol?

-45% from 84$ price?

Let’s see 👀

[Newbie Crypto @cryp_global]

@mr_abundance_ this post itself shows how true of a great character you have man, cheers

[Newbie Crypto @cryp_global]

@IamZeroIka so freakin' beautifully said

[Newbie Crypto @cryp_global]

@Stefan_B_Trades @Davincij15 post one up and one down and then repost whatever works with a “I told you so” 🤡

[Newbie Crypto @cryp_global]

@WarMonitors Beirut port bombing was the beginning of it all… we literally heard the warplanes overhead before the explosions

[Newbie Crypto @cryp_global]

@CryptoK1ng_ @TraderDune @cz_binance well that was the deal already pre-planned prior to the event )

[Newbie Crypto @cryp_global]

@mox_HL Well said friend, I think we don’t get better by removing those old destructive patterns, we get better when we start lessening the time it takes to become aware when those old patterns come back to surface

[Jenni @hashjenni]

I don’t think people around the world realize how bad the attack on Lebanon was today. It’s BAD. Like 9/11 BAD. Hospitals are overflowing and do not have enough blood. We still don’t know what the death toll is.
This is TERRORISM. Pure and Simple.
April 8. Never forget.