Hello, everyone! Today, I would like to share my trading methods with you.
80-90% of the trading work is having the right mindset. The rest comes down to algorithms, strategies, and market phases.
What helps me stay on track?
Mental hygiene. I don't look at other traders' charts until I conduct my analysis. That allows me to create specific neural connections that have influence to my decision-making process.
How I react to news - any news brings volatility, and by determining the intensity gradient, I can assess whether a coin is in the game.
I don't pay first attention to PNL - it's better to hide it if your trading terminal allows it. This way, you won't get distracted by profits and losses and can focus on your trading.
Meditation - the simplest way is to spend 10-15 minutes sitting with closed eyes, feeling awareness throughout the body. It helps restore dopamine levels and establishes good mind-body coordination.
I like reading books. Regarding trading psychology, Mark Douglas' book "Trading in the Zone" covers the topic well. I recommend you read it.
Good morning. Start your day with positive affirmations and set yourself up for a calm and steady day. Cultivate equanimity within yourself.
I do physical exercise at least 3 times a week. Consistent strength training helps me improve neural connections with my body and muscles, creating a high hormonal environment for further success.
Supplements.
I study my diet, of course I might have a beer every once in a while. But taking daily supplements that make me feel better is a masthead for me.
And the last one.
Use your market gains to spend on your dreams. Just start from small to big. This way, you reinforce positive affirmations for future victories.
Reinvesting in your portfolio is essential, but remember to take profits from some period to enjoy the results here and now.
These are simple methods, and everyone has their approach to the market. Maintain a stable mindset and keep improving your knowledge!
What methods do you follow, folks?
I would appreciate your subscription and likes for this post! See you!