This article has been translated from English to Gen Z Slang.
If you’ve ever peeped your past trades in your trading journal, bet you can spot a few sus habits that's low-key stopping you from securing the bag. 😅💸
And if you haven’t even started jotting down your trades, bruh, that's a major L! 🤦 Did you even check the 411 on trade journals in our dope School of Pipsology!? 📚
If your trade journal is all kinds of messy with bad trading habits, don’t trip just yet. 😅
That tsunami of bad vibes might just be one big problem flexing in different ways. 🤔
Before you go full savage on those bad habits, try to see if there’s a common thread tying all those chaotic energies together. ✨
Like, Newbie Ned went skimming through his trade logs and peeped three cringe trading habits: he sets his stops too tight, bails on winning trades early, and freezes when it's time to make a move. 🚫
But, after binge-watching The Bear, the stars aligned and he realized all three were due to one major yikes – his fear of catching losses. Boom! Three probs squashed with one epic pip-busting revelation! 💥
Figuring out your kryptonite in trading is just the starter pack. You also gotta level up and act on it. So, how we gonna tackle this? Here's some vibes for ya: 🤔🔥
1. Let it out loud
A lit way to start battling your bad habits is to spot them live. Some traders swear by talking to themselves. 🤷♂️
For instance, Newbie Ned notices he’s stressing about his imaginary losses more than vibing with his trading flow and market truths. 📉
His default move is to bounce even before his stop loss hits. But now that he's aware of slipping into old habits, he's got the power to yeet those urges. 🚀
2. Journal your trades
If the talking scene isn't you (or you don’t wanna weird out the squad at the coffee shop ☕), you can also vibe with journaling your thoughts.
It might swipe a few minutes away from chart time, but spelling out your thoughts and feels drags you into a dope third-person perspective, just like talking aloud. 📓
You can’t ignore those red flags when you catch yourself writing “Price y u go down faaaaaaast?! I want out now!” all over your journal.😱
3. Distance yourself when needed
Once you've scoped out when a bad habit pops up, the next move is to cut that baddie off. 👍
Some traders hit pause, turn away from their screens, and take zen moments when they're feeling trading deja vu. Others bounce from their trading spots for some non-trade chill time. 🎮🏞️
The game plan is yours to create, obvi. You could even jam out on your Nintendo Switch or go full meditation mode. 🧘♀️
Just know fighting trading hiccups takes some hustle, but it’s a tiny price for securing that trader glow up. 💸💡
