Sep '23 in Ring The Bell
Lesson from the trade i refused to myself.
Every day i open the Binance app to check the market. First thing its the "what's hot" and i see a coin OXT around 45% up. Ok let's check a short opportunity so I marked levels, FVG, OB (not much) perfect and... I never entered this trade.
My excuses so far :
- Weekend trades maybe a scam wick takes u out. (so What? You lose 10$ aiming 47$).
- I was out with friends had some drinks maybe 2morrow clear mind.. (so what? you did all the things you do in backtesting and it's playing out profitable).
- Its late I need to go to sleep i can't check it out if something goes wrong to react, the kids bla bla.
(So What? Do I want or be able to be in front of a screen for all my life?).
What was behind all of this excuses? I was afraid to risk because my so called "self esteem" couldn't take a loss.
I share this to Ring the bell and aware the community : If we are not able to accept losses, we are not going to achieve anything great.-
Ironically this trade was ideal and better at least from the 60% of paper/ backtesting trades😂😂😂.
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Lesson from the trade i refused to myself.
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