"If the trend is up my long is safe." Man, I believed that every damn time I went 50x or 100x on SOL, right before a tiny 1-2% retrace that wiped my entire position. The overall trend could still be upwards on the daily chart, but when you're that leveraged, a small hourly or 15-min candle against you is all it takes. Your liquidation price doesn't care about the long-term trend, only that sudden dip. What's true is that leverage amplifies *any* move, positive or negative, within that trend. So, is your leverage really letting you ride the trend, or just waiting for a whisper to liquidate you?
#CryptoTrading #LeveragedFutures #RiskManagement #BinanceSquare #LiquidationLessons
#CryptoTrading #LeveragedFutures #RiskManagement #BinanceSquare #LiquidationLessons