If you only knew one thing about trading what would it be?
Know this.
The psychology of anything changes at all time highs.
Nobody is stuck holding a loss.
Everyone has a lottery ticket. No telling how high it’s gonna pump.
Yesterday the system bought DOT… and then BOOM!
Is it an accident that our system bought DOT before it did this?
Well it might be if it was JUST Polkadot, but it happened across the board.. 4 of the 5 busted up, up and awayyyyy…
This is promising much higher prices for Polkadot and all the coins running on its ecosystem.
Think for a moment about all the bullshit discretionary traders have to wade through…
Research, opinions, hovering over the chart. Monitoring news events…
I’ve been doing some of that the last few weeks in the altcoin market and it’s burned me to a crisp.
In fact, my brain has turned to mashed potato. For real.
I’m dumb as a bucket of hair right now.
So I’m jumping on a plane right now to Koh Tao, gonna stay with an old friend and teach him guillotine chokes for a week.
It’s an important principle to understand about trading.
The more discretion in your system the more breaks you need.
The more staunch you have to be about not pushing past the 80% of fatigue.
The more discretion, the harder it is to remain consistent.
So if you want to do this in the long term, system trading is the answer.
It is for me anyway.
So I won’t be online AT ALL until mastermind call on Saturday.
And no trader success scalping call today.
Enjoy your week.
Scott
p.s. If you haven’t started trading the system yet suggest you watch THIS EXCELLENT PODCAST on it.
Leave a Reply