Stuck in a trade longer than expected? ⏳
🔹 The spread can stay unfavorable for a long time, and that is normal for this trading style.
🔹 Time is a real cost: your money is frozen in the position, and funding fees keep accruing.
🔹 The longer a trade stays open, the stronger the urge to invent excuses to justify holding it.
🔹 Decide in advance how long you are willing to wait, otherwise hope will replace your analysis.
💡 Example: You wait for the spread to narrow, but much more time passes than expected. Each day a new argument pops up to wait "just a bit longer." That is a signal to check your plan.
⚠️ Typical mistake: Extending your waiting time every time the trade does not work out on schedule.
What do you do when a trade takes longer than planned?
#Futures #CryptoTrading #CryptoEducation #RiskManagement
🔹 The spread can stay unfavorable for a long time, and that is normal for this trading style.
🔹 Time is a real cost: your money is frozen in the position, and funding fees keep accruing.
🔹 The longer a trade stays open, the stronger the urge to invent excuses to justify holding it.
🔹 Decide in advance how long you are willing to wait, otherwise hope will replace your analysis.
💡 Example: You wait for the spread to narrow, but much more time passes than expected. Each day a new argument pops up to wait "just a bit longer." That is a signal to check your plan.
⚠️ Typical mistake: Extending your waiting time every time the trade does not work out on schedule.
What do you do when a trade takes longer than planned?
#Futures #CryptoTrading #CryptoEducation #RiskManagement
