Binance Square
Avis Collon KBDT
1 Posts

Avis Collon KBDT

2 Following
0 Followers
0 Liked
Posts
·
--
I’m a beginner, and I’m putting my spare change into this as an attempt to learn and understand the system, so I’m sharing an important lesson: always set your <c-1/> STOP-LOSS! The hope that “the price will reverse right now” most often leads to complete liquidation. Trading against the market: the price is confidently moving up, while the position is sitting in a short. The golden rule of trading: It’s better to lock in a small loss with a stop and stay in the game than to wait it out in the red and lose everything. Always place your Stop-Loss immediately when opening a trade. The market doesn’t forgive emotions! #BinanceSquare #TradingTips #RiskManagement #Crypto
I’m a beginner, and I’m putting my spare change into this as an attempt to learn and understand the system, so I’m sharing an important lesson: always set your <c-1/> STOP-LOSS!
The hope that “the price will reverse right now” most often leads to complete liquidation.
Trading against the market: the price is confidently moving up, while the position is sitting in a short.
The golden rule of trading:
It’s better to lock in a small loss with a stop and stay in the game than to wait it out in the red and lose everything.
Always place your Stop-Loss immediately when opening a trade. The market doesn’t forgive emotions!
#BinanceSquare #TradingTips #RiskManagement #Crypto
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs