LOSS - Nobody likes this word.
But no matter if you like it or hate it, you can’t completely avoid it in crypto trading. This is why how we cope with a loss is a paramount part of trading where our mind plays a significant role.
But how?
Our mind is very powerful machinery. It can work with us and against us too. That’s why it's imperative to train this mind to tackle losses neutrally.
Tackling losses neutrally implies the art of keeping losses under your control. It means the amount you are ready to lose should be pre-decided and not based on your mind’s generated emotions, fear, stubbornness, or ego.
If you succeed in it, you can avoid all impulsive decisions in your life that cause bigger losses.
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