I see a lot of people second guessing themselves when it comes to trading.
People are throwing their hard earned money at something and then asking questions like
What do you think of this coin?
Should I buy/sell this coin right now?
3 Steps to Gaining Confidence…
1. Develop A Strategy that works for YOU
This is totally unique to you & your personality. Maybe you are best playing breakouts. Maybe you’re good at finding the bottoms on the chart. Maybe you are just best at holding! Once you find something that works, narrow down your focus and keep repeating the same process over & over.
2. PRACTICE, PRACTICE, and more PRACTICE
Becoming confident in your decisions doesn’t happen overnight. With anything in life, it takes time and repetition. It’s ok to fail as long as you keep learning from your mistakes. After seeing the same chart patterns over and over again, I feel confident sizing into my favorite type of plays! That’s how I get big paydays and grew my account significantly.
3. Don’t be a Debby Downer
Yes – it sucks losing money on a trade. Instead of dwelling over the fact you lost, learn from your mistakes. When I have a losing trade I don’t sit there and whine about it. I analyze what I did wrong, get back on the saddle, and look for the next play! You never know if your biggest win will be your next trade. Clear your head, focus on the bright side, and come prepared for the next play!
If you’re struggling with your decisions in the market, spend the 2 Litecoin and get my course. You will learn how to become a self sufficient trader. You gladly throw $500 on McAfee’s pump and dump, but are hesitant on a course that will help you 10x.
Be smart & get educated
