i did not catch cashcat at $5m, but ill answer this question for them
as much as trading is a solo game (only you can see your own true emotions), talking it through with other peers in the trade is everything
the key is, when you're in a winning trade to completely detach yourself from it, and just act as an observer, who is fully calm and neutral
the first time i learned this was when i accidentally bought wif and had 100x in my wallet when i came back from my honeymoon
i had never seen this much money in my wallets before
the first thing i did, was to take my initial and some profit (like $5k) and call my friends
we talked through true narrative, how high we could see it going, not looking at my personal trade, but at the market as a whole
i think at this point, it was at $20m, and we predicted that it could reach $100m, $250m, and so those became my new targets
in that moment, i basically chose to "rebuy" my current position at $20m, because i still say a 5-10x in the cards (it ended up going 100x+)
the harder part of course is holding, but once you agree on a thesis, potential profit taking zones, you just let it ride
from my own experience, id highly recommend you take initials and tp along the way
it helps you diamond hand your fat moonbag
