The Art of Crypto argues traders shouldn't wait to feel confident before acting. Confidence is unreliable and leads to poor decisions. Instead, follow a rule-based system: trade only when your predefined conditions are met, removing emotion from every decision.
Chapters
Here's something people are not going to tell you. The goal in trading is not to feel confident, it's to not need confidence. Here's what I mean. Most traders often wait until they feel absolutely sure before they pull the trigger. But here's the problem, and you might have realized this yourself, that feeling never comes reliably because confidence in trading is just a feeling at the end of the day, and feelings are exactly what gets you into trouble in trading. Instead, simply understand this: you trade when the rules of your system are met, and you don't trade as long as the rules of your system are not met. Doing it this way removes any sort of feeling from the equation because it doesn't matter if you don't feel good about it or if you think you might be stopped out. You just when your system tells you to, which is why I say: