Delta Exchange, trading expert Saketh Ramakrishna shared crucial insights on why trading psychology often outweighs the importance of strategy in the volatile world of crypto trading. While strategies and techniques can be learned, it’s a trader’s mindset that ultimately determines long-term success.
During the session, Saketh emphasised that while many traders focus on mastering strategies, it’s the psychological resilience and discipline that truly set apart successful traders from those who struggle in the market. He highlighted that 93% of traders fail to survive in the market beyond two years, often due to emotional decisions rather than poor strategy.
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Long-Term Focus is Key
According to Saketh, adopting a long-term mindset is essential for anyone serious about crypto trading. Too many traders enter the market looking for quick profits, which can lead to high-risk decisions and, often, significant losses. Instead, Saketh advised traders to focus on preserving capital and staying in the market for the long term.
«In trading, your goal isn't to make fast money. The goal is to stay in the market for the long run,» he explained during the live session. This long-term focus allows