jaybewhy

There's something to be said about lack of satisfaction even when turning a profit in trading. Even after holding onto my trades for a sufficient amount of time from months ago, taking profit at a good time only recently, and allowing myself the opportunity to consider dip buying at the lows, all I can think of is: > "I only got partially filled on this position" > "I wish I would've grabbed a bigger bag of that coin" > "I'm so annoyed my bids on this coin got frontran" Even after months of incredible performance - the best performance I've ever had in a 2-month period, all my brain wants to fixate on are the refinements which could have brought me an even greater reward. If I were losing, I'd be hard on myself. When I'm winning, I'm still hard on myself. Major flaw in that thought process. Major flaw in being a perfectionist in trading as well. There are 2 inescapable truths that every trader must learn to accept: 1) Every time you win a trade, you did not allocate enough. 2) Every time you lose a trade, you allocated too much. Every outperformance isn't gratifying enough. Every underperformance is debilitating. Keep up with that mindset and find yourself in a constant state of limbo where regardless of your performance, you're never satisfied. A torturous state-of-mind to be in. Now that lack of satisfaction may very well be a driving factor in what allows you to keep pushing forward and prosper further; But that blessing is also a curse. You lack the humility to be grateful for what you have. A lack of appreciation for what you have now is a core concept (imo) as to why we allow emotions like FOMO/FUD to impact our decision making process. Never satisfied. Always greedy. Always begging for more. That same sense of irrational greed is what cycles into irrational fear. Those irrational emotions and the failure to maintain them creates impulsivity. Impulsivity in trading leads to demise. It's all one giant slippery-slope and it always starts somewhere. Cure the cause; don't treat the symptoms. *You can likely see this impact more notably in comparing yourself to others. Comparison is the murderer of satisfaction. There will always be someone to compare to. Just like there will always be gains that you left on the table.* Same concept^ So I quickly remember that I'm not allowed to feel that sense of regret. And I remind myself that it's a luxury to even have a sense of regret to feel towards markets - I literally push buttons on a screen to make my wealth. That fact still dwarfs any issues going on in my mind immediately, as I remember how far-detached from reality my 'button-pressing issues' truly are, relative to the rest of the world's issues. Then I return to my state of normal. Satisfied with what I've done, but still eager for the next opportunity to present itself. Grateful for what I have, but humbly trying to create a surplus moving forward. “Dead people receive more flowers than living ones because regret is stronger than gratitude” - Anne Frank So just remember to appreciate what you have now. It'll be the main form of logic that keeps you grounded so that you can gather the emotional discipline to enter the market, extract your wealth, and go on about your life. Operating in that manner provides a sweet sense of bliss, and I'm truly grateful for that. There are no words to express how much of a superpower that 'bliss' is in markets; but especially in a bull market, like the one we're in now. Hope you enjoyed. Much love🖤

TraderMercury's tweet photo. There's something to be said about lack of satisfaction even when turning a profit in trading.

Even after holding onto my trades for a sufficient amount of time from months ago, taking profit at a good time only recently, and allowing myself the opportunity to consider dip buying at the lows, all I can think of is:

> "I only got partially filled on this position"
> "I wish I would've grabbed a bigger bag of that coin"
> "I'm so annoyed my bids on this coin got frontran"

Even after months of incredible performance - the best performance I've ever had in a 2-month period, all my brain wants to fixate on are the refinements which could have brought me an even greater reward.

If I were losing, I'd be hard on myself.
When I'm winning, I'm still hard on myself.

Major flaw in that thought process.
Major flaw in being a perfectionist in trading as well.

There are 2 inescapable truths that every trader must learn to accept:
1) Every time you win a trade, you did not allocate enough.
2) Every time you lose a trade, you allocated too much.

Every outperformance isn't gratifying enough.
Every underperformance is debilitating.

Keep up with that mindset and find yourself in a constant state of limbo where regardless of your performance, you're never satisfied. A torturous state-of-mind to be in.

Now that lack of satisfaction may very well be a driving factor in what allows you to keep pushing forward and prosper further;

But that blessing is also a curse. You lack the humility to be grateful for what you have.

A lack of appreciation for what you have now is a core concept (imo) as to why we allow emotions like FOMO/FUD to impact our decision making process. Never satisfied. Always greedy. Always begging for more. That same sense of irrational greed is what cycles into irrational fear. Those irrational emotions and the failure to maintain them creates impulsivity. Impulsivity in trading leads to demise.

It's all one giant slippery-slope and it always starts somewhere.
Cure the cause; don't treat the symptoms.

*You can likely see this impact more notably in comparing yourself to others. Comparison is the murderer of satisfaction. There will always be someone to compare to. Just like there will always be gains that you left on the table.*

Same concept^

So I quickly remember that I'm not allowed to feel that sense of regret.

And I remind myself that it's a luxury to even have a sense of regret to feel towards markets - I literally push buttons on a screen to make my wealth. That fact still dwarfs any issues going on in my mind immediately, as I remember how far-detached from reality my 'button-pressing issues' truly are, relative to the rest of the world's issues.

Then I return to my state of normal. Satisfied with what I've done, but still eager for the next opportunity to present itself. Grateful for what I have, but humbly trying to create a surplus moving forward.

“Dead people receive more flowers than living ones because regret is stronger than gratitude”

- Anne Frank

So just remember to appreciate what you have now. It'll be the main form of logic that keeps you grounded so that you can gather the emotional discipline to enter the market, extract your wealth, and go on about your life.

Operating in that manner provides a sweet sense of bliss, and I'm truly grateful for that.

There are no words to express how much of a superpower that 'bliss' is in markets; but especially in a bull market, like the one we're in now.

Hope you enjoyed.
Much love🖤

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Index l GMB LABS

@GMB_Index

over 1 year ago

안녕하세요. 오늘도 저희 팀원 @McCoy_GMB 님께서 더불어민주당 중앙당사에서 암호화폐 과세 문제의 부당함을 알리고, 목소리를 전달하기 위해 나섰습니다. 현재 민주당이 추진하고 있는 암호화폐 과세 방안은 제도적, 법적 보호 장치가 미흡한 상태입니다. 명확한 가이드라인과 안정적인 거래 환경 없이 과세를 강행한다면, 이는 단순히 개인 투자자들의 부담을 가중시키는 것에 그치지 않고, 국가 경제의 발전 가능성을 저해할 위험이 있습니다. 공정한 과세는 필요합니다. 그러나 그 이전에 법적 제도와 투자자를 보호할 시스템을 우선적으로 마련해야 합니다. 이를 무시한 채 성급하게 과세를 추진하는 것은 올바른 정책 방향이라고 할 수 없습니다. 여러분의 작은 목소리가 큰 변화를 이끌어 낼 수 있습니다. 부디 우리의 노력을 널리 알려 주시고, 함께 싸워 나가 주시기를 부탁드립니다.

GMB_Index's tweet photo. 안녕하세요. 오늘도 저희 팀원 @McCoy_GMB 님께서 더불어민주당 중앙당사에서 암호화폐 과세 문제의 부당함을 알리고, 목소리를 전달하기 위해 나섰습니다.

현재 민주당이 추진하고 있는 암호화폐 과세 방안은 제도적, 법적 보호 장치가 미흡한 상태입니다. 명확한 가이드라인과 안정적인 거래 환경 없이 과세를 강행한다면, 이는 단순히 개인 투자자들의 부담을 가중시키는 것에 그치지 않고, 국가 경제의 발전 가능성을 저해할 위험이 있습니다.

공정한 과세는 필요합니다. 그러나 그 이전에 법적 제도와 투자자를 보호할 시스템을 우선적으로 마련해야 합니다. 이를 무시한 채 성급하게 과세를 추진하는 것은 올바른 정책 방향이라고 할 수 없습니다.

여러분의 작은 목소리가 큰 변화를 이끌어 낼 수 있습니다. 부디 우리의 노력을 널리 알려 주시고, 함께 싸워 나가 주시기를 부탁드립니다.

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Joshua | MOZAIK 🇰🇷

@JoshuaDeuk

over 1 year ago

I wasn't tweeting much, mainly trying to be deep in the trenches, but I thought this was a good write-up, so I'm sharing it with you guys. We're in the market of getting a lot of FOMO, mainly because even the old dino coins are pumping 30-50%, and your portfolio is growing steadily or simply not enough for your expectations. A lot of on-chain dust is doing 10-100x every day, left and right. You feel like you missed something, and 1 day after, there's another 100x runner. This is where you gotta be careful trading. It's where you can make a lot of money easily, but at the same time, you can also lose a lot simply chasing every single move of the market because you feel like you're missing out on a bunch. Actually, you're not. The market is in that place where it's super hot and just rotating capital in and out at giga speed. I remember the last cycle where XRP, and XLM pumped 70% in one day, sucking up all the liquidity in the market. A month after that, it was a true bull market with DeFi season , GAMEFI szn , METAVERSE szn ,NFT szn for a full year. so many SZN ..... OKAY ?? This market can distract you in so many ways and make you feel like you're left behind. Feel like you don't have enough size on or feel like everyone is rich, but you're not. Fact is, it's not. If someone is making money, someone is losing money. Don't push yourself too hard, as in don't distract yourself too much. Do what you're good at and stick to it. It has not been even 2 weeks of a bull market.

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