Insider Trading

Ok so I got in on $LUM after all the chatter in the /insider-trading chat 🫡

ca: 0x0fd7a301b51d0a83fcaf6718628174d527b373b6

Talking about things that can help when it comes to a trade...

First... do you have a set of rules that you apply to a particular strategy based on the asset/type of trading you're doing?

Is this a total pump & dump asset & you want to get in, take off risk, take profit, hold a moonbag? (3 exit points?)

Maybe you're going to take profit every time it moves up X%?
(Leaving a moonbag)

Or is it an asset that you believe can go much higher, and you have a history of early exits despite your belief?

Mental game is real. Nerves are real.
It's easier to stick to a plan when you commit to it.

If you have conviction in a concept, it's easier to hold.

Whatever your trade, drawing a line on the chart just helps mentally.

You may allow that you don't have to totally hit your TP line if it gets close/up there, but you'll at least know when it's still far away that ... it's still far away.