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Hi, there hope you're having a wonderful time, today I will not be sharing any crypto trading guides on how to read charts and trend lines patterns, trading entails lots of new and exciting things we can always learn as it Is, in every activity, there are moral lessons we can draw from what we engage most of our time on.
It's a very known fact trading could be very frustrating, time-consuming not knowing what will happen in the next few seconds makes traders very anxious trading indicators must always be considered to minimize these uncertainties while in the market.
Few traders understand this concept of relying solely on technical analysis using indicators, while others depend on experts who do the maths for them through buying signals I guess even the very experts are also concern about what will happen shortly which can't be controlled.
Here is what I'm trying to drive at we can do all the analysis and properly get it right sure we can but what happens when you're good with the indicator but have a whole lot to learn on self-confidence development.
One needs to learn/understand trading psychology which is a driving factor that will boost a trader's trading skill and confidence while in the market.
This trading psychology includes patience, greed and fear control, being calm, and very important setting out principles and rules that should not be overlooked.
Setting out rules is very important for trading these rules entail having specific entry and exit rules for all trades knowing when it is high time not to get greedy and exit the market by setting out a personal trading strategy we have subject trading psychological factors under our control.
Lately I’ve come to realize that knowing when to sell is not a skill, it’s an habit formed over repetition of ill timed sells.
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Sure your are right sometimes its hard to close those sell orders thanks for the feedback.