It’s a hard pill to swallow, but most traders don’t blow their accounts just by being wrong.
The truth is, directional bias is rarely the killer. Most people lose because they’re too early, dangerously over-leveraged, and emotionally married to a bias. 🚩
The Reality Check
"Right eventually" is a fast track to liquidation.
The market punishes impatience way harder than it punishes bad analysis.
Having conviction without market confirmation? That’s not a strategy... It’s just a guess.
My Pre-Flight Checklist
Before I put capital on the line, I look for three specific signals:
Closing over Wicks: I don't care where price pokes; I care where it stays.
Leverage Heat: Is the funding rate steady, or is the crowd getting euphoric?
The "Bounce" Test: When we dip, is the recovery instant, or do we see hesitation?
If these three aren't in sync, I’m staying light or staying on the sidelines.
The Bottom Line
Missing a pump might bruise your ego, but forcing a bad entry will shatter your account.
My current move? I’m not chasing green candles. I’m sitting back and waiting for the market to actually prove it has the legs for a continuation. 🍿