With only 0.5 $SOL($90), this trader made 1783.5 $SOL($310K) on $LADYF, a gain of 3567x!
He sniped $LADYF one second after $LADYF opened trading, spending only 0.5 $SOL to buy 2.89B $LADYF, then sold it for 1,784 $SOL($310K).
Amazing gains!😱
https://t.co/qv2OGroR67
The reality of trading:
1. Losing capital is frustrating.
2. Exiting a winning trade too early is frustrating.
3. Being in cash when a chart takes off too fast without us is frustrating.
Lesson: Trading is always going to be frustrating in some way.
Once you embrace that attention and the neural circuits for holding attention are plastic/malleable, you’re on your way to better focus.
Learn to ignore/not engage in meaningless drama or numbing out. Or get passed by.
Bite down into some hard work/learning for hours a day.
Ninety-nine percent of people in the world are convinced they are incapable of achieving great things, so they aim for the mediocre.
The level of competition is thus fiercest for “realistic” goals, paradoxically making them the most time- and energy-consuming.
If you are insecure, guess what? The rest of the world is, too.
Do not overestimate the competition and underestimate yourself. You are better than you think.
Unreasonable and unrealistic goals are easier to achieve for yet another reason.
Having an unusually large goal is an adrenaline infusion that provides the endurance to overcome the inevitable trials and tribulations that go along with any goal. Realistic goals, goals restricted to the average ambition level, are uninspiring and will only fuel you through the first or second problem, at which point you throw in the towel.
If the potential payoff is mediocre or average, so is your effort.
The fishing is best where the fewest go, and the collective insecurity of the world makes it easy for people to hit home runs while everyone else is aiming for base hits.
There is just less competition for bigger goals.
@seth_fin@PhuAh3130 It's a huge responsibility being a parent. It certainly not for weak people.
From what I can see in the world most parents are miserable failures (even though they're not bad people)
If anyone got great parents, it's like them winning a lottery
Most traders lose because they chase everything.
Catalin stripped it back to one market and one repeatable approach.
That focus is what made him profitable.
I think why some people follow the crypto/stock recommendations of social media influencers is because they don't have a life and they need someone else to blame if things go south.
Most people just don't wanna accept their own mistakes