Reasons traders are sweating in their seats right now:
A: They have no sense of historical pattern or data recognition.
B: They have not learned the fine art of hedging and proper risk management, and therefor have not left 50-70% allocations in cash for the buying of crashes with conservative incremental buy limits set 5-10K spaced apart.
C: They are greedy and impatient in thinking that using anything above 3x leverage near a cycle high is the right thing to do.
4: They are self-focused with no support system from long-term traders, or they surround themselves with inexperienced traders. After all, we become what we surround ourselves with.
5: They do not understand the Black Swan concept and believe in a world where things always play out in accordance with their selective vision or historical data.
6: They have not invested in the most important asset of all (mental field + emotional objectivity) through daily meditation practice/retreats in the development of an equanimous field and non-attachment.
A: They have no sense of historical pattern or data recognition.
B: They have not learned the fine art of hedging and proper risk management, and therefor have not left 50-70% allocations in cash for the buying of crashes with conservative incremental buy limits set 5-10K spaced apart.
C: They are greedy and impatient in thinking that using anything above 3x leverage near a cycle high is the right thing to do.
4: They are self-focused with no support system from long-term traders, or they surround themselves with inexperienced traders. After all, we become what we surround ourselves with.
5: They do not understand the Black Swan concept and believe in a world where things always play out in accordance with their selective vision or historical data.
6: They have not invested in the most important asset of all (mental field + emotional objectivity) through daily meditation practice/retreats in the development of an equanimous field and non-attachment.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.