Thread.

I want to discuss time.

The timing of trades.
The impact of social media in distraction and speeding up time expectations.
The being "late" factor.

I posted yesterday about trading the Weekly timeframe with some of the expectations I have for targets. It was met with the expected response of being told why I'm incorrect - because of course your analysis is better than mine.

What this really comes down to is timing.

There is a habit some people have to do the following:

> Chart HTF set ups cleanly.
> Get bored waiting.
> Move to 5/15/30m and start trading.
> Browse Twitter - start absorbing bias and other trade ideas.
> Forget HTF charting they did a week ago.
> Miss trade.

A lot of traders struggle immensely to trade HTFs. I suspect that the majority of heavy social media users and newer traders would fail almost 100% of the time to trade HTFs effectively.

Twitter expects everything to happen immediately. We move $100, it's moon or doom time. We range for 3 days, "more like 3 years bro lul." The expectation has been built up that trading $BTC is a constant rollercoaster, a triple A video game full of action with no time for breath.

Entries are planned, swing trades established, and within 4 hours they're forgotten about in favour of smashing your ham hands into market buying or selling because CRYPT0K1NG54LYFE posted a chart that looked pretty (and he's got 20k followers so he must know his shit.)

The issue with HTF trades is they require a level of patience not suited to your average trader. Many of you straddle the boundary of obsession. Checking price constantly, staring at a 5m chart waiting for action. Teasing yourself with "BREAKOUT IMMINENT" tweets posted by others.

When you begin to plan HTF trades:

> Make a copy of it in a journal.
> Look at your chart and set up each day to remind yourself of why it's there.
> Do not let Twitter distract you.
> Constantly remind yourself of it's presence (you wouldn't believe how easy it is to forget.)

Social media distracts almost immediately. Someone you respect or follow posts something and you immediately want to jump in and action the same idea as them. Without a constant reminder you'll always fail to execute your HTF analysis.

I'll roll straight into the "being late" factor as it stems from social media again.

What I'm referring to here is always thinking your entry "is bad." It's a completely ridiculous way of thinking. You look at a $10k short entry and think "My entry is shit compared to that."

When we think about HTF positions they often require confirmation that pushes well past the realms of being the "top" or "bottom." So when you log on to Twitter and your favourite CT star has an entry of the absolutely top, you start questioning why you'd enter where you plan to.

Roll that on one step further and because you've been looking at Godly entries on Twitter all day, you decide to hop back down to LTF to catch yourself a beautiful wick entry.

Oh, now you've started to forget the plan again, and the cycle continues.

Entries are subjective. You don't know why someone took a position, you don't know what confirmation they needed, what conditions needed to be present, you don't know their target, you know nothing. Stop concerning yourself with what you "think" are "great" entries. It's BS.

If you plan on swing trading, being at the PC less, you need to step away from social media (usually you don't think you're influenced by it, but you are) - plan your trades, log your thought process, remind yourself of it, don't get distracted, follow your plan.

Time is sped up online, Twitter makes you believe breakouts/breakdowns are going to happen at any moment. It leads you to overtrade, overthink, spend time aimlessly staring at a 5m chart and marketing into position as soon as you see a candle tick up/down heavier than others.

Swing trading isn't something that came easy to me and I'm still learning all the time how to balance emotion and prior activities of pure scalping, but I'm finding it easier with time and with less distraction.

Plan.
Remind.
Plan.
Remind.
Wait.
Remind.
Wait.
Action.