ABSOLUTELY!

Emotion which leads to all sort of #trading issues such as “over trading” is a super killer of account balances.

For example, this week the #forex market did a little loopy loop on me…

Whipped out last week’s gains.

But did I change my mechanics? No…stick to the trade plan.

I like to #trade small #tradestr often

Proactively capturing profit instead of chasing more is a great way to move closer to what one wants

—-

Awww…SOOO much I can say on this topic but I’ve got to run!

#investing

#money

100%

I would add that an engineer who plays poker and familiar with variance is the ideal investor

I have heard it said that most investment strategies fail because they don't survive to maturity. Through premature selling or going too risk on and losing everything. The investment just has to linger on and survive.

I have started saving up some fiat just in case if there is a 80% BTC drawdown I won't need to sell my stack during hard times. The stack must survive to hyperbitcoinization.

nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z is perfection , engineering and military discipline.

I think 95% of people will never be successful entrepreneurs because they make stupidly emotional decisions on the most important things in life..