that's right, doctor
Post
Trading Insight_DN
·
--
🔥There are some tips for traders when the world is chaotic like this.
Currently, many people have jumped into calling the bottom, then shorting fomo in various ways. And there are all kinds of people sharing signals... but there is a perennial problem that very few people are willing to set a "Stoploss" at times like this.
Saying to go all-in or all-out is often debated, but most just leave their accounts waiting for liquidation prices before calling for help, following signals. However, some people with large capital float and also learn to float, but their accounts may have evaporated before they can hold on.
Don't hold the thought that "it will definitely bounce back" or "the price will definitely reach that point" and "surely the exchange won't reach my liquidation price"... those who think like this are mostly burned out or are preparing to be burned... or have been burned many times and are preparing to be burned again :)))
If possible, in such chaos, it might be better for everyone to just turn off the app for safety. The market is in a dire state... there's nothing to gain in just 1-2 days. Clicking during this time is no different than throwing dice. Analyzing it is like calculus.
There... if you still want to click, just set a solid SL. As for me, I kindly ask everyone to calm down... at this time, calling signals will only dilute the newsfeed. And the news is as abundant as mosquitoes. Feel free to read, everyone...
Currently, many people have jumped into calling the bottom, then shorting fomo in various ways. And there are all kinds of people sharing signals... but there is a perennial problem that very few people are willing to set a "Stoploss" at times like this.
Saying to go all-in or all-out is often debated, but most just leave their accounts waiting for liquidation prices before calling for help, following signals. However, some people with large capital float and also learn to float, but their accounts may have evaporated before they can hold on.
Don't hold the thought that "it will definitely bounce back" or "the price will definitely reach that point" and "surely the exchange won't reach my liquidation price"... those who think like this are mostly burned out or are preparing to be burned... or have been burned many times and are preparing to be burned again :)))
If possible, in such chaos, it might be better for everyone to just turn off the app for safety. The market is in a dire state... there's nothing to gain in just 1-2 days. Clicking during this time is no different than throwing dice. Analyzing it is like calculus.
There... if you still want to click, just set a solid SL. As for me, I kindly ask everyone to calm down... at this time, calling signals will only dilute the newsfeed. And the news is as abundant as mosquitoes. Feel free to read, everyone...
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.