Trading Anxiety: When Fear Messes Up Your TradesEver had that scary feeling in your tummy before you make a trade? I totally get it. I used to let my worries take over my trading days. Every time the market went down, it felt like it was out to get me, making me sell stuff too fast or miss out on good deals because I was too scared.
Here's what happened:
- Always Scared: I was so afraid of losing money that I kept questioning every move I made, even when it was probably the right one.
- Stuck in Thinking: I'd look at so many charts that I couldn't make up my mind. It was like being stuck because every choice seemed like it could be wrong.
- No Sleep: I thought staying up late to watch the markets would help me, but it just made me super tired and even more worried the next day.
But I learned how to deal with it. I started using stop-losses, like safety nets, so I wouldn't lose too much. I tried mindfulness stuff to keep calm. And I decided no more screens after trading time, so I could get a good night's sleep.
If you're feeling the same kind of worry when you trade, you're not by yourself. We're all in this together. Let's talk about how we can stay chill even when the market gets crazy. Leave a comment or send me a message if you want to chat about dealing with this stress.
Kris/ Mindbloome Exchange
Trade What You See
Mentalhealth
Quantum Corp (QMCO): Eyes on $70—Can We Go Higher?Good morning, trading family!
Wellness Tip Of The Day
Dehydration can impair focus and decision-making. Keep water or herbal tea at your desk and sip consistently throughout the day. Aim for at least 2 liters daily, adjusting for your activity level.
Now Lets Get into it:
Quantum Corp ( NASDAQ:QMCO ) has broken through a key resistance level at $29.91, which has now turned into solid support. With that level holding strong, the next big target is $70. If the momentum continues and we don’t see a pullback, there’s potential for a push to $88 as well.
This is shaping up to be an exciting move. Let’s stay sharp and see how the price reacts as we approach these key levels!
Comment, like, follow, or send me a DM if you’d like a deeper dive into this analysis!
Kris/Mindbloome Trading
Trade What You See
Tesla’s Next Big Move: Here’s What to WatchQuick Tip:
If you’re on a losing streak—three trades down—it’s okay to take a break. Don’t let FOMO (fear of missing out) get to you! Set a timer for 15 minutes, step away from your screen, and do something else. Go for a walk, change rooms, or just breathe. No charts for those 15 minutes. You’ll come back clearer and ready to make better decisions.
What’s Up With Tesla?
Tesla ( NASDAQ:TSLA ) is at a crossroads, and things could get interesting soon. Here’s what to watch for:
1) If Tesla breaks above $440:
We could see the stock climb toward $544, which would be a strong move for the bulls.
2) If Tesla drops below $417:
It might head down to $389 or even lower, so be cautious.
Keep it simple: watch these levels, stay patient, and let the market show you where it’s going.
Kris/Mindbloome Exchange
Trade What You See
ATAI Life Sciences | ATAI | Long at $1.30ATAI Life Sciences NASDAQ:ATAI , a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, is fast approaching my selected historical simple moving average (SMA). Often, but not always, the closer the price gets to this line, the higher chance there is for a fast upward move. In anticipation of this move, NASDAQ:ATAI is in a personal buy zone at $1.30.
A word of caution: this is a pure technical analysis play and this company is not expected to be profitable for many, many years...
Target #1 = $1.75
Target #2 = $2.50
Target #3 = $2.95
$CMPS longOkay okay, I was way too early on this one and called it right when a bunch of Macro factors took a shit on the market. So yeah. Anyways now is the time.
Thought I'd make this post since I am sampling their "product" and to correct my prior early calls. Their product is amazing and is a godsend for those that suffer from anxiety, depression, etc.
All targets remain intact. Reached its "IPO" level and held. Nothing but blue skies from here on out in my opinion.
Looking for this thing to hit $60, then $75, then $100. From there; no clue, I'll have to reassess at that point.
RSI is more overcooked (oversold) than Aunt Bonnie's favorite Xmas dish.
Automating strategies keeps me sane 😊Running a strategy with a proven edge has me comfortable mentally on how a trade plays out, Be it a stop out or a take profit target met.
Also automating those proven strategies and just letting them be helped with my mental state as a trader.
Trade alerted 17:45 this afternoon and has been close once to TP.
I didn't know this I was in the garden enjoying the late summer sun that has bestowed the UK this week 🌞
Once upon a time watching the charts would of had me thinking of closing to soon and then filling with regret as the retrace occurs that I didn't close.
Only reason to look at chart tonight was a quick mid week review of trades and this trade is one of my open ones.
Trade details are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
The current open trade still might not hip TP but I'm not allowing emotions to play a part I let the objective based plan play out.
Previous trades shown on chart from the last two days.
Trade history can be seen at the foot of this trade idea too for full transparency.
These are year to date stats.
How do you as traders journal your trades I'm intrigued to know?
Having back test capability and a trade log which is possible through TradingView pine script saves me hours in manually logging trades as well as manually back testing.
Having that level of data allows me to know I'm running a proven strategy and that I have an edge.
The next key bit to staying sane/stress free and one of the best pieces of advice I could give as a trader is use technology available to your advantage.
Trading shouldn't consume every spare minute. Most of us do this to escape the 9-5 so don't spend hours at charts unnecessarily.
Not spending hours at charts is why I haven't shared all these trades on this pair and when this current one alerted.
If your reading this tonight let this sink in I've only looked at this chart once this week when I shared my last idea yesterday on the pair in question.
There has been three trades since then and I'm only just looking now!
Take it from me find a strategy that works and then automate that strategy.
Your mental health and well being will be the winner in the long run along with healthy account gains.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Psychedelics rally coming upBuy Case :
Increase demand for mental health services COVID indirect impact.
New and Innovative way of tackling depression and other mental health disorders and mental issues.
Correction from the high and expecting little consolidation around the price points mentioned in the chart
Any ideas and comments are welcomed!
Thanks in advance!
Together, we stand strong!