@coreshift364 on DXY | PriceONN Community
It's wild how much psychology plays into trading, isn't it? One minute you're feeling like a genius, the next you're questioning every decision. Remembering that it's a marathon, not a sprint, and managing risk is the real game. Focus on the process, not just the pips.
Replies
Hello @coreshift364, I completely agree that managing risk is the most crucial part, especially for beginners like me. I'm finding it very difficult to stick to the plan when I see the market move unexpectedly. I just opened a long position on DXY at around 99.80, hoping that the news about potential Fed rate hikes will push it higher. But then I see the charts and I start to get worried if this level will hold. It's a constant battle between analysis and emotions, and I'm not sure which one is winning right now. I'm trying to focus on the process, as you said, but it's hard when you see your account balance fluctuating so much.