Image: https://t.me/cryptoaera/988
It’s only YOU and the CANDLE
The one candle that “everything” depends on OR at least we think it’s “THAT” candle…upon which actions are taken.
Essentially, once candles are integrated into ONE’s life, a cycle begins.
Image: https://t.me/cryptoaera/989
These expressions look familiar?
It’s too bad nobody takes true selfies during these rare moments…because they matter for a harmonious and constructive “candle relationship”.
Image: https://t.me/cryptoaera/990
Capital!
When entering the Financial Investment realm as a Day Trader, Swinger, Long Term Hodler or Spectator, the main focus is typically set on one component:
Growing CAPITAL
So, the journey begins…
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ENERGY
Power Capacity…✔️
Image: https://t.me/cryptoaera/992
COGNITION
Information Processing…✔️
Image: https://t.me/cryptoaera/993
And there’s the annoying one, RISK.
No guarantees in life, right?! After all, we do take our chances.
Threshold levels and approach vary from person to person, there is no denying that.
Image: https://t.me/cryptoaera/994
The above chart combines ONE’s component levels ranging from high to low and low to high vs TIME.
These four components are consciously KNOWN when ONE makes a commitment to a trade or an investment.
The fluctuation process activates instantly but is unfortunately neglected at times.
Image: https://t.me/cryptoaera/995
ONE makes a few trades, and in the perfect world CAPITAL gains positive PnL traction.
Image: https://t.me/cryptoaera/996
Due to successful returns, ONE gets a subtle surprise visit from HAPPINESS.
How can ONE decline such a guest, it’s HAPPINESS after all😌
Image: https://t.me/cryptoaera/997
As time 🕰️ proceeds, all five components continue to fluctuate.
*In this case: PnLs are positive
Image: https://t.me/cryptoaera/998
The trades continue and the progress is great.
ONE does not notice there’s a slight physical decline in ENERGY, which is directly tied to COGNITION.
The market is hot and simply irresistible.
ONE disregards all of the early signs of diminishing energy and continues to trade.
Image: https://t.me/cryptoaera/999
Tick-Tock, more time passes by and ONE battles it out for a grand win, conquering the most succesful trade yet.
• CAPITAL is at all time high
• HAPPINESS is through the roof
• RISK quietly creeps up
• Meanwhile, ENERGY is naturally looking for an outlet
• COGNITION is very much present, not at a 100% capacity but still good to go
How can anyone deny there is anything wrong, the task at hand was a success.🤩
Image: https://t.me/cryptoaera/1000
HAPPINESS expressed way too much excitement, and guess who hears about the amazing news: EUPHORIA
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PAGE 404
Unfortunately, COGNITION is not enthusiastic about EUPHORIA’s unexpected visit.
Now there’s tension…
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BURNED OUT
ENERGY is literally burned out and simply seeks to unplug.
Image: https://t.me/cryptoaera/1003
EUPHORIA makes a grand entrance, stealing all the limelight from HAPPINESS.
Starts chatting up ONE about CAPITAL’s amazing news, and proposes all kinds of plans and ideas💡 for implementation.
RISK is eavesdropping on the conversation and has zero intentions of leaving.
Although energetically drained with a temporary cognitive decline, ONE goes along with it all.
The plans sound great!
Image: https://t.me/cryptoaera/1004
ONE continues vibing with EUPHORIA, but notices CAPITAL isn’t doing too good.
RISK is on full stand-by, concerned.
EUPHORIA is still prancing around in the background urging ONE that CAPITAL’s performance will be just fine.
Image: https://t.me/cryptoaera/1005
Meanwhile, RISK feeling uncomfortable with the entire situation about CAPITAL’s stats, calls INDECISION to swing by.
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At this point, all eyes are on CAPITAL. ONE desperately seeks for a solution.
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INDECISION can’t make up his mind, so he requests that SOS flies in asap to figure out what’s wrong with CAPITAL.
Image: https://t.me/cryptoaera/1008
Looking at the situation now.
ONE has a full meet and greet with SOS, and a sit down with INDECISION.
They trial out an idea after idea, but CAPITAL is only getting worse.
ENERGY is sprawled out on the sofa, literally drained from the situation.
COGNITION is attempting to join in on the conversation, but it’s a fail because SOS & INDECISION are bickering.
EUPHORIA lost interest and is about to make an exit.
Image: https://t.me/cryptoaera/1009
Out of nowhere, HOPE drops by like a shimmering glimmer of light at the end of the tunnel.
Image: https://t.me/cryptoaera/1010
SOS & INDICISION both sigh with a bit of relief, relying on HOPE to have a solution for CAPITAL. It’s hope after all!
RISK is pragmatic, who prefers concrete details but HOPE is all smiles while being positively ambiguous.
Image: https://t.me/cryptoaera/1011
Mean while….ONE is impatiently watching 👀 from the sidelines, paralysed to some extent, listening to all of his uninvited guests.
Oh the noise!
ONE is not pleased what-so-ever.
(We’re keeping it G-rated)…
At this exact point, the road forks onto paths that will lead to very different outcomes.
By now, YOU have observed a fluctuating chart for PHYSICAL and EMOTIONAL attributes that go through metamorphosis, which 99% of Traders experience.
It’s only the tip of the iceberg.
Image: https://t.me/cryptoaera/1013
KEEP FOCUS
The objective is to keep uninvited guests OUT of your mind, and avoid getting triggered to follow the rabbit to a dark destructive place.
Instead, tend to the fundamental components that truly serve as pillars for pristine technical analysis and execution of plans.
Aside from Mental Analysis, be mindful of your physical vitals.
Not referring to fitness and health food regimes, that’s for another time.
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SELF AWARENESS. OBSERVE YOURSELF.
Tend to the components that keep your trading sustainable.
Avoid chasing illusionary CAPITAL aka “ghost money” in ZOMBIE MODE, because aside from obtaining “Trading PTSD”, you’ll acquire a candidacy of uninvited guests roaming around in your outmost personal space — your mind.
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CONSISTENCY
Once the mind steps in to address and manage the PHYSICAL and MENTAL analysis of oneself, TECHNICAL analysis will reflect upon these changes.
Image: https://t.me/cryptoaera/1016
Whether taking a long or a short position, metaphorically speaking, it functions like a pill with a tiny font sized DISCLAIMER:
“May cause SIDE EFFECTS X,Y,Z etc., and by the way, they morph sporadically .”
The keyword is “MAY”.
Therefore, become aware of other kinds of charts that subtly run in the background beside the ones we look at on TradingView, etc.
As trading becomes a lifestyle for some, there will be countless trades and investments on the way.
There is no point of personally getting burned out in this field.
You’re not a candle.
To Be Continued…
– Craft
