Which are inflicting more damage - few small losses of fewer big losses? How could a trader eliminate the larger of those two threats?
This entire thread reads like the word salad ramblings of a schizophrenic . You crypto people are complete idiots and like Mr T I pity the fool(s)
Nothing that doesn't also apply to stonks, futures, options. "Your first loss is always your best loss".
Im just trying to figure out how to get rid of fomo when you are watching the price go up not when you try to buy at the top I dont have that fomo Mine is either when to enter because i dont know where the bottom is (so i enter on the way down-too early) Or i cant exit at the right time because i fomo even though i see that the run is over and its about to reverse and start descending I think i basically dont know how to look for confirmation of either reversal or continuation of the trend.
Yea but i cant get myself to sell lol I feel like im not getting enough information andnmaking a wrong choice by selling even though i can clearly see that the top is rounding up for a reversal
I suggest you become a buy and hold investor. Throw out your charts and start learning to analyze fundamentals.
Have you considered researching, studying, and developing a rules based trading plan to get you positioned properly so you, yes you - can monitize the moves that you pine so for? How to look for confirmation of reversal or continuation of the trend https://elitetrader.com/et/threads/interesting-search-terms.365486/page-3#post-5585865