After getting liquidated, I finally understood one thing.
In trading, the biggest enemy isn't the market.
It's your urge to recover losses.
I'm now training myself:
If I don't understand it, I don't trade.
If my emotions are off, I don't trade.
If I don't have a plan, I absolutely don't trade.
You can earn back lost money.
But if you lose discipline, you really have nothing left. $HYPE
In trading, the biggest enemy isn't the market.
It's your urge to recover losses.
I'm now training myself:
If I don't understand it, I don't trade.
If my emotions are off, I don't trade.
If I don't have a plan, I absolutely don't trade.
You can earn back lost money.
But if you lose discipline, you really have nothing left. $HYPE