If you open a trade according to the amount of the wallet, you will always notice that small amounts of losses lead to large losses over time.
If you have a $100 balance, it doesn’t make sense to create a 40 dollar trade transaction, you will try to make your 100 dollars 200 dollars.
Remember that while doing this, some people make 100,000 to 200,000 or 1M to 2M.
When you earn $100 and $5, understand that it’s big. Because if you had 1 million dollars, the money you earned would be $50,000. I know it feels big when you say it like that.
FOCUS ON THE PERCENTAGE AMOUNT, NOT THE MONEY IN THE PNL PART.
If you have a $100 balance, it doesn’t make sense to create a 40 dollar trade transaction, you will try to make your 100 dollars 200 dollars.
Remember that while doing this, some people make 100,000 to 200,000 or 1M to 2M.
When you earn $100 and $5, understand that it’s big. Because if you had 1 million dollars, the money you earned would be $50,000. I know it feels big when you say it like that.
FOCUS ON THE PERCENTAGE AMOUNT, NOT THE MONEY IN THE PNL PART.