It's been a while since I surfaced to write a post. Again, I want to share a bit about technical analysis.

Actually, trading has cycles just like the market. At first, you come up with or learn a particular technical analysis. You test it and it seems fine. But then suddenly it makes one wrong order, and you think it's no big deal - just one order, right?

Suddenly, the second order loses, and it loses more capital, you start to doubt whether that technical analysis is really correct?

And... suddenly again, you will think: This technical analysis is like nonsense.

Then you go looking for other indicators, other technical analyses, and repeat that cycle again.

Actually, you are suffering from a classic human condition – not just traders.

That is

DISCIPLINE

No matter what you do without discipline, you might win one or two times or more by luck. But then you will still fall into that vicious cycle.

Therefore, I often tell you: THERE'S NO HOLY GRAIL.

DISCIPLINE is what helps you survive.

1. Enter at the right volume

2. The correct ENTRY signal of the technical analysis you choose

3. Set the SL according to the proposed strategy.

4. TP also according to the strategy

5. If you hit SL, wait for a new signal. Don't have a frustrated mindset

6. Take TP but the price is still moving nicely. Don't be greedy. Wait for the new signal that is in line with the chosen technical analysis.

Try it. You will find your mind calmer. And the asset flow will steadily come into your account.

I wrote a trading bot that is currently in testing, so I'm mainly here to show off. After all, I'm only human. Discipline is tough 🤣$BTC