Qorinotes

Today I watched a video by Rande Howell and Word of Rizdom about the psychology of trading. I want to share some important notes about the topics.

I began my financial journey in 2021 by investing in a mutual fund. Well, I was young, and mutual funds are very slow in increasing my wealth.

I found someone on Facebook posting about free crypto from an airdrop campaign.

At that time, it was my last year in high school. Surprisingly, I got some bucks from the airdrop.

My first exposure to crypto exchanges was Binance and Indodax. This was the beginning of my trading journey.

I had $52, which felt like a lot of money when the minimum wage was about $120.

2021 was a gold rush for crypto because the opportunities were huge. I couldn’t resist the urge to win more money.

I went all-in on yield farming tokens and lost 25% in 24 hours. I didn’t sell because of my ego.
One week later, my portfolio balance was down 90%. It broke my soul.

But I tried to make more money by joining crypto campaigns and web3 jobs.

I trade memecoins and crypto again. Still, I kept losing money. From 2021 to 2025 I only made a little profit.

It wasn’t enough, because my losses were bigger. Now I’m starting again with a different style of trading.

I realized that I was dumb in the past. My losses came from revenge trading.

Today, I learned from Rande Howell that trading is not “magic internet money.”

You don’t just enter and make 7 figures. No, it doesn’t work like that. In fact, 95% of people lose in trading.

We deal with uncertainty and probability. Overtrading was also my biggest mistake.

I don’t want to think about trading all the time anymore. Now I have rules: I must do analysis first and always use limit or stop orders.

By doing this, I can focus more on building and strengthening my psychology.

“Trading is about performing.” – Rande Howell

He pointed out the importance of emotional intelligence, because when we look at the chart, it reflects emotions.

I’ve started trading again. This time, I don’t think about making profit. I want to learn, and I see my losses as experiments.