New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
The most deadly aspect of a trading career is often not lacking in skills, but poor habits. Take a look at these 5 common trading mindset issues—how many do you have?
**Type 1: The Full Position Believer**
Spending all 365 days in a full position state, claiming "maximizing capital utilization," but in reality, pushing oneself into a dead end. When a real good opportunity arrives, the account is already out of resources, only able to watch as the market offers a golden pit. Full position is not about execution; it leaves no room for reversal—you’ve already bet all your chips.
**Type 2: The Flea-Style Trading Habit**
Fearing a drop when prices rise, fearing further declines when prices fall, unable to resist cutting losses after three days of inactivity. Just after selling, the market rallies; new buys are immediately trapped. This "short-term" operation is actually a variant of chasing highs and selling lows. True short-cycle trading involves precise wave segments within the larger trend; otherwise, you’re just a cash machine for the big players.
**Type 3: The Itchy-Hand Addiction**
Selling must be followed immediately by buying again; even one minute of empty position feels unbearable. Ignoring the market and mindset, only thinking "I must be in the game." Such an account is like a continuous liquidity supplier to the market, with only one purpose—making others money.
**Type 4: Profit Fear, Loss Obsession**
Starting to panic and want to exit when gains reach just 3%, but feeling energized and justifying losses over 20% as "long-term value." Running away with small profits, holding tightly through big losses. This asymmetric psychology will ultimately be shattered by a single drawdown. The essence of trading isn’t about who runs fastest, but who can endure, withstand, and choose correctly.
**Type 5: The Knife Catcher**
Gaining confidence as prices fall, becoming more determined, treating the downtrend as a "good opportunity to scoop up bargains." Unaware that the big players have already quietly exited, while you’re using faith to catch a pile of chips. Remember this hard truth: after a breakdown, there’s no bottom-fishing—only catching the bag.
**Final words:**
No matter how complex BTC’s movements or how many indicators there are, changing these bad habits is more effective. Opportunities in the crypto world are never lacking; what’s truly scarce is the ability to survive the next cycle. Instead of studying a hundred technical indicators, it’s better to eliminate your trading bad habits one by one.