@tasiu0
MENTALITY OF A DEGEN TRADER
A degen trader is someone who trades with very high risk and without a solid plan. This is how their mindset usually looks 👇
🧠 Mental traits
Impatience
😎Doesn’t wait for confirmation
🥶 Enters trades just because price is moving
Overconfidence
🔥This has to pump
🤯Believes the market can’t beat them
No clear plan
👽 Entry is unclear
🥵FOMO: fear of missing out
☠️Revenge trading after a loss
Excessive risk
😭Puts most or all capital into one trade
All in mindset
⚠️ What usually happens
Big wins sometimes
But the account eventually gets wiped
Stress, lack of sleep, anger
–2% per trade
Accept that losses are part of trading.
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