**THREAD**

"OMG I MISSED IT. I'VE MISSED THE BULL RUN. I'VE MISSED THE PUMP."

Today isn't a win for everyone.

I'll try to give you a rundown here on why you don't need to panic and why it's going to be hugely detrimental to you if you do so.

Let's go Thread time.
Let's start off by saying, you missed nothing.

Sure, $BTC is up today and it's broken ATHs but the emotion of the event and surrounding yourself with Twitter/Discord/TG constantly only perpetuates the feelings of "missing out."

$BTC is up 6%. Much wow.
Keeping things grounded and reasonable here you've missed a move in the market today sure, and you may have missed BTC in the run up as well, but this is simply not a time to panic about missing out on opportunities that still lie ahead.
Surrounding yourself with all of the messages, celebrations, success stories and positive PnLs will do nothing positive for you if you feel as though you're missing out today. It will simply go to further enhance the shitty feelings you are having.

Take a break.
But look ahead to the future. $BTC breaking ATH is a catalyst for the rest of the market.

If you spend your time now being angry about the current situation and turning that aggression into frantic trading, you run the risk of ruining the potential opportunity ahead.
The best thing you can do right now is not trade. However hard that sounds, you simply cannot begin to FOMO in to things in the expectation that you're going to make it big.

Now is the time to plan, establish your trades and look for opportunity in other markets.
By turning all these shitty feelings into actioned trades you're going to put yourself in a bad way, you're not thinking straight and you're not making decisions based on rational thought.
1. Look to the alt market, look for your trades. Plan your levels and plan your buy zones. Markets always give a pullback.
2. Reduce your leverage and turn to spot. If we're about to enter a great bull cycle (and alt season) you'll want to be positioned for the long run.

Most of you will overleverage and be destroyed by the time this happens. Reduce leverage and turn to spot buys to protect.
3. Trade less, plan more. Look to action fewer trades but instead make sure those trades stick, see point 2 for ensuring you have a sensible stop and exposure.
4. Do not think max leverage is how you make it. Sure, you might get lucky, the majority won't.

Positioning sensibly with appropriate risk and a wider stop is far more effective in these conditions than losing 4 trades being stopped out from your tight stops and 100x lev.
5. Protect your capital. I keep going on about this, but do not be the person that loses their money prior to the fireworks.

The work you do now, today, tomorrow, this week, sets you up for success. Discipline and patience will be the key traits for traders here.
6. Ride trends as hard as possible. When you establish your position, ride it, the trend is up, the market is green.

Sure we'll get pullbacks but look at these as opportunities and nothing to be feared.

See excerpt in red.
7. Push your positions. Remember point 3, trade less, but establish good bases. Taking profits too soon will be detrimental as it causes a "I NEED TO GET BACK IN" process to trigger.

Patience and discipline.

See excerpt in red.
Days like today suck if you're not positioned, but keep everything grounded. There's opportunity every day, this won't stop.

You have the ability to thrive in these conditions, if you're sensible, emotionless and have the ability to press the green button.
So relax, if today has been shitty, come back tomorrow. Spend more time with your charts now than you ever have done. Plant those seeds for the next 6 months.
You can follow @ColdBloodShill.
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