Degen psychology: tilt, FOMO, and revenge trading as the main scammers

Count honestly: how much did rugs take, and how much was your own decisions in an altered state? For most people, the second column is bigger. Three scammer states.

Three states

• FOMO. A green candle plus other people's profit screenshots = an entry at the peak with no checks. Mechanism: the pain of missing out beats the fear of loss. Protocol: the rule "a missed pump isn't your loss"; entry only per your own checklist, not someone else's chart. There will be a thousand more pumps.
• Tilt. After a loss, the brain demands "win it back immediately" - position sizes grow, checks disappear. Mechanism: a loss is perceived as an unpaid debt. Protocol: a stop word after two losses in a row - a day with no trades. Sounds childish, works like an adult.
• Revenge trading. Personalizing the market ("it knocked me out - I'll prove it wrong") - re-entering the same token after a stop, doubling down against the trend. Protocol: a ban on re-entering a token on the same day you took a loss on it.

Systemic protection

These states aren't cured by willpower in the moment - only by rules written in advance: a journal (see the risk guide) with a "state on entry" column; daily/weekly limits set before the session; a fixed position size that doesn't grow "when you're confident" - confidence is itself a symptom. The market is a randomness generator; your emotions toward it are your only manageable variable.