Hey folks! Cast your minds back to your very first trade. What was your starting point in terms of knowledge?
Anonymous Poll
14%
For me, diving into trading was a post-training adventure
86%
Learned the hard way through trial and error
0%
Can't really recall the specifics now
So, here's the scoop: one of our crew just kicked off their trading journey. Total newbie - armed to the teeth with theory, not a lick of real-world experience, but ambitions sky-high. We're all in to back them up, and here's how: we're launching a series tagged #beginners_diary. We'll document the growth, the insider tips, the gains, and most crucially, the impact of maintaining a trading log on their strategy.
This might spark a bit of nostalgia for some, seeing how far you've come since your own start. Others might find the motivation to push through the tough times. We believe there's something in this tale for everyone.
Interesting fact: our crypto enthusiast decided to start their trading diary just a week in. Pretty quick, right? Some traders go years without pausing to analyze their moves...
Wishing profits for all 🚀
This might spark a bit of nostalgia for some, seeing how far you've come since your own start. Others might find the motivation to push through the tough times. We believe there's something in this tale for everyone.
Interesting fact: our crypto enthusiast decided to start their trading diary just a week in. Pretty quick, right? Some traders go years without pausing to analyze their moves...
Wishing profits for all 🚀
🚨 Attention Traders! 🚨
We’ve noticed that not everyone is taking their fund security seriously.
Just a heads-up: adding API keys with trading permissions risks your funds! Your keys should only have read permissions.
We're implementing a mandatory check to protect you from potential financial losses. If a key has any permissions other than read, it will be blocked without the option to connect.
⚠️ What to do if you see the error “Key must have read-only permission”:
If you're using this key for trading, you'll need to create a separate API key on the exchange. Go to “my API keys”, click “edit”. Follow the instructions under the form to create a new key and paste the new public and secret keys into the form.
If the key is only used in your trading journal, go to the exchange and edit the key to switch it to “read-only” mode. After that, the key should connect without any issues.
⁉️ Frequently Asked Questions:
1. How will I see my trades if the keys are different?
Think of your exchange account as your apartment, and API keys as the keys to your front door. You can make as many duplicates as you like and use any of them to enter your apartment.
2. Will my notes, entry reasons, etc., be deleted?
If you update the key through the “edit” button, your history will not be affected. Just don’t delete the API key in your journal.
ℹ️ If you need help, contact support on the website: left menu, «Support Chat»
We’ve noticed that not everyone is taking their fund security seriously.
Just a heads-up: adding API keys with trading permissions risks your funds! Your keys should only have read permissions.
We're implementing a mandatory check to protect you from potential financial losses. If a key has any permissions other than read, it will be blocked without the option to connect.
⚠️ What to do if you see the error “Key must have read-only permission”:
If you're using this key for trading, you'll need to create a separate API key on the exchange. Go to “my API keys”, click “edit”. Follow the instructions under the form to create a new key and paste the new public and secret keys into the form.
If the key is only used in your trading journal, go to the exchange and edit the key to switch it to “read-only” mode. After that, the key should connect without any issues.
⁉️ Frequently Asked Questions:
1. How will I see my trades if the keys are different?
Think of your exchange account as your apartment, and API keys as the keys to your front door. You can make as many duplicates as you like and use any of them to enter your apartment.
2. Will my notes, entry reasons, etc., be deleted?
If you update the key through the “edit” button, your history will not be affected. Just don’t delete the API key in your journal.
ℹ️ If you need help, contact support on the website: left menu, «Support Chat»
📈 🧠 Trading with Emotion: Using ACT Principles to Guide Your Crypto Decisions
Trading can be a real test of nerves. Market volatility can spark a whole spectrum of emotions, from greed to fear, often leading to impulsive decisions.
We’ve taken Acceptance and Commitment Therapy (ACT) and adapted it to help you stay cool during even the most turbulent market conditions:
1️⃣ - Acknowledging Emotions: Let's start with the basics. Don’t try to suppress your emotions. Instead, acknowledge fear, greed, or any other feelings as part of your experience.
For instance, if you've entered a losing trade and are feeling fearful of potential loss, recognize this fear. Accept it as a signal to review the reasons you entered the trade, for use next time.
2️⃣ - Observing Emotions: Learn to be an observer of your feelings. Develop the ability to see how emotions affect your decisions without letting them take control.
If you notice excitement about a coin’s rise prompting you to make rash entries, try to step back and reassess the situation from a more neutral standpoint.
3️⃣ - Defining Values: Understand what is important to you in trading. It's not always just about profit 🙂 Remember, your decisions should support these values, helping you navigate through short-term emotional impulses for long-term goals.
4️⃣ - Strategic Action Plan: It's great if it aligns with your values and strategic goals - clear criteria for entering and exiting trades, as well as risk management methods... you know all this, but a trading journal makes it even easier to stick to your plan 😉
Start treating your emotions as a tool rather than an obstacle ➡️ Use the “Diary” section to briefly note the emotions you’re experiencing as you enter a trade — this can help you hit the brakes when necessary. Happy trading, folks! 🚀
Trading can be a real test of nerves. Market volatility can spark a whole spectrum of emotions, from greed to fear, often leading to impulsive decisions.
We’ve taken Acceptance and Commitment Therapy (ACT) and adapted it to help you stay cool during even the most turbulent market conditions:
1️⃣ - Acknowledging Emotions: Let's start with the basics. Don’t try to suppress your emotions. Instead, acknowledge fear, greed, or any other feelings as part of your experience.
For instance, if you've entered a losing trade and are feeling fearful of potential loss, recognize this fear. Accept it as a signal to review the reasons you entered the trade, for use next time.
2️⃣ - Observing Emotions: Learn to be an observer of your feelings. Develop the ability to see how emotions affect your decisions without letting them take control.
If you notice excitement about a coin’s rise prompting you to make rash entries, try to step back and reassess the situation from a more neutral standpoint.
3️⃣ - Defining Values: Understand what is important to you in trading. It's not always just about profit 🙂 Remember, your decisions should support these values, helping you navigate through short-term emotional impulses for long-term goals.
4️⃣ - Strategic Action Plan: It's great if it aligns with your values and strategic goals - clear criteria for entering and exiting trades, as well as risk management methods... you know all this, but a trading journal makes it even easier to stick to your plan 😉
Start treating your emotions as a tool rather than an obstacle ➡️ Use the “Diary” section to briefly note the emotions you’re experiencing as you enter a trade — this can help you hit the brakes when necessary. Happy trading, folks! 🚀
Introducing our new regular feature: 🔍Your Questions Answered!
where we tackle your most common questions and provide the insights you need to enhance your trading strategy! Let’s dive into this week’s insight.
where we tackle your most common questions and provide the insights you need to enhance your trading strategy! Let’s dive into this week’s insight.
🌟 Have you checked out our Referral Program yet? 🌟
Just a quick reminder that we have a really cool referral program at TraderMake.Money! Here’s how it works:
🔗 Grab your unique referral link from your TMM account dashboard right here.
🔄 Share it around! For every new sign-up through your link, you get a free month of our comprehensive trading journal.
💸 Plus, there’s a chance to start earning cash for each subscriber!
🎉 Your followers aren’t left out either; they get 20% off their first payment. They save, you earn. Win-win!
Make sure to take advantage of this fantastic opportunity to earn rewards while helping your friends level up their trading game with TraderMake.Money!
#TraderMakeMoney #ReferralProgram #TradingCommunity #TradingJournal
Just a quick reminder that we have a really cool referral program at TraderMake.Money! Here’s how it works:
🔗 Grab your unique referral link from your TMM account dashboard right here.
🔄 Share it around! For every new sign-up through your link, you get a free month of our comprehensive trading journal.
💸 Plus, there’s a chance to start earning cash for each subscriber!
🎉 Your followers aren’t left out either; they get 20% off their first payment. They save, you earn. Win-win!
Make sure to take advantage of this fantastic opportunity to earn rewards while helping your friends level up their trading game with TraderMake.Money!
#TraderMakeMoney #ReferralProgram #TradingCommunity #TradingJournal
Taking a break from screens and charts? How about diving into some cinematic inspiration? 😉
Start your trading week with a viewing of "Margin Call" (2011). This gripping thriller takes you into the heart of an investment bank on the brink of the 2008 financial crisis. Over 24 intense hours, the film's characters navigate a situation that could spell disaster for the global economy.
You'll witness how high stakes, massive risks, and moral dilemmas lead to complex decisions. This will remind you of the importance of reacting quickly to market changes, staying tuned in, and being ready for anything.
Think about the challenges and pressures traders face every day. "Margin Call" offers lessons in resilience and adaptation in the volatile crypto market.
P.S. Genuine emotions, stellar cast, and masterful direction make this film a must-watch. If you haven't seen it yet, highly recommend it. 🔥🌆📉🎬
https://youtu.be/IjZ-ke1kJrA?si=QgK7P4D-bSxYhkle
Start your trading week with a viewing of "Margin Call" (2011). This gripping thriller takes you into the heart of an investment bank on the brink of the 2008 financial crisis. Over 24 intense hours, the film's characters navigate a situation that could spell disaster for the global economy.
You'll witness how high stakes, massive risks, and moral dilemmas lead to complex decisions. This will remind you of the importance of reacting quickly to market changes, staying tuned in, and being ready for anything.
Think about the challenges and pressures traders face every day. "Margin Call" offers lessons in resilience and adaptation in the volatile crypto market.
P.S. Genuine emotions, stellar cast, and masterful direction make this film a must-watch. If you haven't seen it yet, highly recommend it. 🔥🌆📉🎬
https://youtu.be/IjZ-ke1kJrA?si=QgK7P4D-bSxYhkle
YouTube
Margin Call (2011) Official HD Trailer Debut
The key players at an investment firm become entangled during one perilous 24-hour period in the early stages of the 2008 financial crisis. When entry-level ...
Here goes a weekly feature: 🔍Your Questions Answered! where we tackle your most common questions and provide the insights you need to enhance your trading strategy! Let’s dive into this week’s insight.
_
FAQ: What are the must-have or the best TMM widgets?
It's important to understand that no one-size-fits-all list of "best" or "must-have" widgets suits everyone. At TMM, we believe in a personalized approach to trading, so we offer extensive customization options for your dashboard, including the choice of analysis widgets.
You can tailor the Summary exactly to your needs. Our mission is to provide the best opportunities for in-depth trade analysis by customizing filters to suit you.
Of course, there are widgets we recommend exploring, but whether to use them or not is up to you 😉. Here's a selection of valuable posts about our widgets:
🔗 Discovering High-Potential Coins: Tailored to Your Trading Patterns
🔗 Enhancing Your Trading Game with Widgets: Conduct a thorough audit of your trades to evaluate their effectiveness, highlighting both strengths and weaknesses.
🔗 Pinpoint Your Most Profitable (or unprofitable) Trading Day
📌 Remember, these widgets are just a starting point. Create your unique analytical space that aligns with your goals.
_
FAQ: What are the must-have or the best TMM widgets?
It's important to understand that no one-size-fits-all list of "best" or "must-have" widgets suits everyone. At TMM, we believe in a personalized approach to trading, so we offer extensive customization options for your dashboard, including the choice of analysis widgets.
You can tailor the Summary exactly to your needs. Our mission is to provide the best opportunities for in-depth trade analysis by customizing filters to suit you.
Of course, there are widgets we recommend exploring, but whether to use them or not is up to you 😉. Here's a selection of valuable posts about our widgets:
🔗 Discovering High-Potential Coins: Tailored to Your Trading Patterns
🔗 Enhancing Your Trading Game with Widgets: Conduct a thorough audit of your trades to evaluate their effectiveness, highlighting both strengths and weaknesses.
🔗 Pinpoint Your Most Profitable (or unprofitable) Trading Day
📌 Remember, these widgets are just a starting point. Create your unique analytical space that aligns with your goals.
Reflection in trading is as crucial as technical analysis.
That’s why we created the «Diary» in TMM with a "Notes" feature just for your thoughts 😌. Reflection helps you understand your trading decisions better, identify successful and unsuccessful strategies, and avoid repeating mistakes.
📌How to use "Notes":
1. Record key observations and thoughts, noting what worked and what didn’t, and document your emotional state and its impact on your decisions.
2. Summarize your strategies and analyze the results of each trade to identify recurring patterns.
3. Review your notes regularly for deeper trading analysis.
✅ "Notes" has a hierarchy to help you get a broad view of your trading:
▪️Daily Summary:
- What mistakes were made?
- What was your emotional state?
- What market conditions influenced your trading?
- Which setups were successful?
▪️Weekly Summary:
- How did your results change over the week?
- Which strategies worked best?
- How did your emotional state affect your decisions?
▪️Monthly Analysis:
- Compare expectations with results.
- Assess overall progress and identify areas for strategy improvement.
- Record thoughts on strategy adjustments.
A systematic approach to reflection will help you understand your strengths and weaknesses better, make more informed trading decisions, and choose strategies that impact your profits😉.
We’d love to hear your experiences with TMM Notes, along with any ideas and suggestions for optimization 🙌.
That’s why we created the «Diary» in TMM with a "Notes" feature just for your thoughts 😌. Reflection helps you understand your trading decisions better, identify successful and unsuccessful strategies, and avoid repeating mistakes.
📌How to use "Notes":
1. Record key observations and thoughts, noting what worked and what didn’t, and document your emotional state and its impact on your decisions.
2. Summarize your strategies and analyze the results of each trade to identify recurring patterns.
3. Review your notes regularly for deeper trading analysis.
✅ "Notes" has a hierarchy to help you get a broad view of your trading:
▪️Daily Summary:
- What mistakes were made?
- What was your emotional state?
- What market conditions influenced your trading?
- Which setups were successful?
▪️Weekly Summary:
- How did your results change over the week?
- Which strategies worked best?
- How did your emotional state affect your decisions?
▪️Monthly Analysis:
- Compare expectations with results.
- Assess overall progress and identify areas for strategy improvement.
- Record thoughts on strategy adjustments.
A systematic approach to reflection will help you understand your strengths and weaknesses better, make more informed trading decisions, and choose strategies that impact your profits😉.
We’d love to hear your experiences with TMM Notes, along with any ideas and suggestions for optimization 🙌.
Continuing our regular series, we share answers to interesting questions about your trading journal.
Question: Can I create two public profiles for different keys or switch keys within a single public profile?
Answer: Unfortunately, you can’t create two public profiles on one account. However, you can switch API keys within a single public profile. In the profile settings, you can choose which keys to use. Casual visitors to your public profile won’t be digging into individual keys.
For your situation, public boards are perfect. Set them up however you like and share the link. In the “Summary” section at the top right of the board’s title, there’s a “Share” button.
Question: Can I create two public profiles for different keys or switch keys within a single public profile?
Answer: Unfortunately, you can’t create two public profiles on one account. However, you can switch API keys within a single public profile. In the profile settings, you can choose which keys to use. Casual visitors to your public profile won’t be digging into individual keys.
For your situation, public boards are perfect. Set them up however you like and share the link. In the “Summary” section at the top right of the board’s title, there’s a “Share” button.
Freezing API Keys
We’ve added the ability to freeze API keys. Now, there’s no need to delete a key to add a new one if you’ve switched exchange accounts.
What happens after freezing:
• All your trades remain accessible and saved.
• The limit on adding a new API key is lifted.
• A frozen key cannot be unfrozen or restored; it can only be deleted.
On the free plan, you can freeze up to three API keys simultaneously.
The “Freeze” button is located in the “My API Keys” section.
We’ve added the ability to freeze API keys. Now, there’s no need to delete a key to add a new one if you’ve switched exchange accounts.
What happens after freezing:
• All your trades remain accessible and saved.
• The limit on adding a new API key is lifted.
• A frozen key cannot be unfrozen or restored; it can only be deleted.
On the free plan, you can freeze up to three API keys simultaneously.
The “Freeze” button is located in the “My API Keys” section.