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In trading you must have an open mind

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@onlycrypto
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Trading in general (and especially cryptocurrency trading) is an activity that more people are joining every day worldwide.

Many gorge themselves on reading trading books until they almost lose consciousness, trying to understand technical indicators, candlestick patterns, waves, gaps, and all the things that chartists normally deal with; but they are always wrong in the market when it comes to operating; have you ever wondered why this happens?

Simple; Not everyone understands that trading is not just about the technical and fundamental knowledge that can be done (which by the way, are still necessary and important), but that it depends much more on the management of emotions that can be done when you are operating.

If when trading you know how to read the indicators and control your emotions well, you will most likely become one of those few traders who win a higher percentage of time than the times they lose.

If you don't, the opposite will happen; You will not know how to cut losses, due to doubts or pride, or bad calculations; You will also not know how to take the profits by FOMO, or fear of missing a greater profit, and then the market price will turn against you.

So now you understand why managing your emotions is important in trading. But even more, you have to have an open mind; you have to know everything can happen while you trade, you can win or you can lose, and don't let that limit you in your trading options; But if we think about it, that is part of the same thing that I have already mentioned regarding the management of one's own emotions when trading, acting coldly when trading, with detachment from the result and without guilt or vain pride (neither for winning nor much less for losing), is to act doing what you should do when you should do it, period. That simple.

This is an opinion text and not investment advice. That should be clear.

I hope you found my opinion useful and my post entertaining. See you.