⛓HAVEN (@chainhaven) 's Twitter Profile
⛓HAVEN

@chainhaven

Home of volatility vaults & volatility farming. A DeFi app that rebalances a basket of volatile crypto in order to accumulate more $BTC $ETH $USDC

ID: 1300943506014437377

linkhttp://ChainHaven.com calendar_today01-09-2020 23:48:09

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1,1K Followers

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MY personal biggest #trading mistakes: 1) Looking for a short term approach with more profits 2) Spontaneous trades because the chart looks good 3) Trade too much because I want to recover faster from losses 4) Try to catch a top in the market 5) Get distracted by social m

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Take a break if you need to. Assess whether trading or investing is better for you. But don't quit. In this field, there's tremendous potential for growth (personal and financial). When you quit for good, you are out of the game and you close yourself to those opport

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Last year, I've been in 36 consecutive winning trades. 36... My longest streak ever. Does that mean I'm clairvoyant? I'm a TA God? Well, I wish I was. But the simple, unexciting truth is that streaks, patterns, trends are features of chaotic systems like financial market

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The more you accept you don’t know what will happen next, the best chances you have to succeed. Because accepting not to know, allows you to take your losses, let your profit run, modulate your position size and consider that all your trades are independent.

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3/4. Everyone has an agenda that you're not aware of. And it is common practice amongst the big creatures of the deep to give false expectations to retail traders and investors to create liquidity to sell into.

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I like to think it is. Because it shows the kind of person you are―thoughtful? patient? short fuse? etc., etc. Trading is not separate from your life, it is part of your life. How you do it is how you do everything in life.

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"When you first start to study a field, it seems like you have to memorize a zillion things. You don't. What you need is to identify the core principles ... The million things you thought you had to memorize are simply various combinations of the core principles." ~ John Reed