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ltfc-sr
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Lost 10k overnight because I forgot to set a SL. Shit happens. Mistakes and losses are part of a trader's journey, nobody gets through this game without them.
So how do I deal with it? I go back to the trade. I question my setup, where was the invalidation? I question my mindset, why was I so impulsive and careless? And I question my execution, where were my limit orders, and why was there no SL?
After that, I don't jump straight into the next setup out of frustration. I step back, breathe, and come back tomorrow with a clear head, fresh eyes, clean setup, and everything in check.
And if we're heading into a bullish phase, the worst thing you can do is overtrade an uptrend.
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Prioritize sleep, especially as a trader.
Less sleep, worse decisions. No trade is worth 2 hours of rest. Fresh mind beats any setup. learned the hard way.
The capital building phase is tough and trading late into high liquidity hours is part of it, but don't overtrade. Breaking rules and trading emotionally almost always happens when you're running on empty.
Everyone wants to make it as fast as possible and a lot of people know that inner restlessness of not missing a move. I get it. But don't let your health suffer for it.
There will be always trading opportunities, for the rest of your life.
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@WatcherGuru Dead cat bounce on manipulated volume before they crash it to $30,000
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@watchingmarkets I just don't see it unfortunately. I think a generational short is awaiting us at 83/84k BTC
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