Incredible India monthly contest of October #2|While making decisions!
Everyone makes decisions either good or bad. The decision of our first parents put humankind into so much calamity and death. This shows that a decision you make may not affect only you but also people around you. As someone learning how to trade and grow through writing, I've started to notice how the way I make decisions in trading reflects how I approach decisions in real life. And honestly, not all of them are good.
What Should We Keep in Mind While Making Decisions?
You know, it's easy to make a decision, but what we decide might put us into trouble or on good terms. That's why it's important to think carefully before making a decision a we will reap the outcome of our choices. From both my trading and personal experiences the one I found useful are:
- Clarity matters: In trading, many of us know that it's all about buying and selling. You're absolutely correct, you buy low sell high. But you need to understand that you should have a perfect place to buy to make a profit, or if you buy at the wrong place, you'll end up losing you're money. This is where the decision comes in.
As an SMC or smart money concept, we trade when we see a clear BOS(break of structure) telling us that the price is going higher or lower.
After the break of structure, we can find the entry and join the trend. I reality, just like waiting for a clear break of structure before entering a trade, decisions should be made with a clear mind. No rush, no pressure—clarity first.
- Control your emotions: There are times when you set your trap for price to tap you in, but it moves without you. I imagine waiting a whole day, watching the car, but in the end, the price came back, but I failed to tap your entry. Some people jumped into it because they didn't want to miss out, or they saw the market moving impulsively, and they jumped in.
Fear of missing out or the pressure to act quickly can lead to bad trades, you lose your capital, and in reality, bad life choices. Emotions aren’t always the best advisors.
- Always have a plan: In trading, we don't just click buy and sell, we have a target or a plan.
👉 If the price taps your entry, you're in for that trade.
👉If the price hits your stop loss, you'll be out of the trade with a small loss, manageable.
👉 If the price hits take profit, you'll make a profit from the trade and lock in the profit.
![]() | making a bad decision is like trading unclear structure, you'll lose your capital, in reality you're decision might end up badly. |
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Can you see why you should set your entry, stop loss, and take profit? In life, you need a goal, or what you're to achieve in that decision you're about to make, an exit strategy if things go wrong, and a clear idea of your limits.
Do you deem that there are instances in which decisions must be made for the collective benefit of all? Explain!
Sometimes the decision you and I make will not only affect us but also others, too, either in a good or a bad way. So not every decision is about us alone. There are times we must think beyond ourselves. Let me give you an example in my trading space, in a trading community, you might share setups not just for likes, but to help others avoid mistakes.
That's why on Facebook, some professional traders will be sharing setups and how they enter the trade. You can easily find this on YouTube. Not because of their benefits but for the newbies. As a newbie, you can also analyze the same pair and follow up on why they buy or sell at a particular point.
In life, I've experienced times when I had to step back in friendships—not because I wanted to, but because it was better for everyone involved. It's a long story though
How to Manage Difficult Situations Effectively
I talk about trading from the beginning to the end..... because that's where I am right now. To manage difficult situations effectively, I prefer these few ways:
- Document everything: Trust me, I may be the active user on Steemit as you thought, but anytime I'm less busy, I always check in to know what's happening. Most of the time, I may not create a long post, but just comment, and it's good for me because something has been done, and I journal it. Whether it’s a trade journal or writing on Steemit, reflecting helps me learn from past decisions.
- Take a step back: When I feel too emotional or somehow tired, I won't drag it, I rest, I relax, I pause. There was a time when I started Steemit as a newbie, it was a tough stage, I hardly got support, at some point I felt exhausted, I stepped back, I relaxed. I reached out to one user, we chatted, and throughout that period, I learned to improve.
Sometimes I feel like it's that thing you can do for yourself. That alone has saved me from many bad trades and some personal regrets too.
- Stick to a routine: Decision-making gets easier when you have discipline. I know countless. I have a plan to be more active on Steemit, creating at least 3 to 4 posts a week, engaging with many users, but ask me, how far have you gone? N where, I started with it @emishael60 but when I look at it now, I laughed. Not because it was hard to do but because at that time I lacked discipline, showing up even when I don't feel like it.
My goal now is to show up consistently in trading and writing—even when I don't feel motivated.
Conclusion
I'm still figuring a lot out. My decisions aren’t always perfect. But I’ve learned that being intentional, reviewing my actions, and staying disciplined make a huge difference. Looking at what I have at hand, whether it’s choosing a trade setup or choosing to get up and write at night(steemit post), every small decision shapes my future.
So my dear friend, look back on your decision, look at what you will gain, if it fails, and how it might affect others. Remember, even a well-planned decision with no discipline can fail.
I invite @saintkelvin17 @henryclive @peacemike and @kwinberry to participate in this contest.
Cc;
@meraindia


X Link
https://x.com/Mhiztachosen/status/1981383441154261142
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