April 16, 2018

Rekt no more: How my experiences trading shaped Capitalise and cured my FOMO

April 16, 2018
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4 Minutes

Theoretically, trading shouldn’t be that hard.


It’s a numbers game. Play according to probability, and you’ll win and you’ll lose, but you’ll ultimately come out on top.


For me, this epiphany came about 15 years ago in an after-work course on trading. And so, I figured, if I did it right, trading could very well be my dream job.


I fantasized about an easy trader’s life. I’d trade for two to three hours per day and rake in a profit. I’d use all my easy-earned cash to live the way I wanted: vacations, beach days, fancy restaurants. I’d live the high life, gain full control over my time, and enjoy with very little time invested.


Yet after I quit my full-time job to trade, my fantasies didn’t exactly match up with the reality of it all. Rather than relaxing in my new leisurely life of full financial freedom, I was enslaved to the market and basically bleeding money. I wasn’t in control at all — in fact, it was just the opposite.


It didn’t make sense. It should have been a matter of statistics — just basic math. But somehow, it wasn’t adding up. What was the cause of this mismatch between my expectations and reality?


As I reflected on my losses, it was easy enough to spot: the problem was my human emotion.


Human emotion is responsible for a lot of life’s beauty. It causes us to care, to love, to support. It’s what sets us apart from the rest of the animal kingdom. It’s what makes us human.


But, it also interferes with rational thought. In fact, emotional is the opposite of rational. So, human emotion definitely hurts trades.  


When things are going well, we get greedy: we don’t just want to win, we want to win big.


When things are going poorly, we get fearful: instead of cutting our losses, we stay in the game.


Worse, when stuck in the same seat starring at the same screen for long stretches of time, we get mind-numbingly bored: we make less-than-wise decisions simply because we want to do something, anything to pass the time.


Now, in the fast-paced world of crypto trading, all these trading troubles are amplified by the volatile, round-the-clock market.


The stress of making decision after decision was draining, emotionally speaking. I knew, in my rational mind, that I had to adhere to my plan in order to succeed. But in the heat of the moment, I couldn’t seem to push my emotions out of the way. I started to wonder: what if I could trade like a machine? What if I could be ever-logical, always rational, and entirely unemotional?


What if I could send my commands to the computer, and let it make the trades?


So I collaborated with my co-founder Amir to build the solution I’d needed when I started trading.


We created a product that allows everyday traders to automate their trades, handing them back the control they so desperately crave.


In the past, automated trading required coding knowledge. But to make our platform accessible to everyone, we built a natural language interface. Rather than investing hours writing code, traders can simply type an English-language sentence into the Capitalise Wizard — programming their very own automated trading strategy.

When we saw our tech in action, we saw that it had an almost magical effect on users. They relaxed — instead of stressing over spending every spare second at a screen, they were in control. I think it’s fair to say that our simple automated trading platfrom eased their stress and did away with their FOMO.


Now, as crypto trading hits the mainstream, the Capitalise platform presents crypto trading capabilities unlike anything ever seen before. In this unpredictable market without a closing time, we’re giving you the tech you need to advance your crypto trades — check it out for yourself.

Shahar Rabin

A former engineer, current CEO @ Capitalise Crypto, lifelong DIY enthusiast.

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