🙏 I Made a Big Mistake in Trading — I Need Advice
I started trading Binance Futures about 25 days ago. Honestly, I knew almost nothing about trading at the time.
I started with $100 and made $54 profit in my first week. I thought I was getting the hang of it—but then everything changed.
I lost $260 on a trade without a Stop Loss. Then, hoping to recover my losses, I added another $600—and lost that too.
In total, I’ve lost around $960, and now I have only about $24 left from my savings.
The biggest lesson I’ve learned is this: learning Risk Management is more important than chasing profits.
I don’t want to chase my losses anymore. I want to learn properly—Leverage, Position Sizing, Stop Loss, and Trade Management.
If you were in my position, what would you do?
Learn everything first, or eventually start again with a very small amount?
Experienced traders, what is the biggest lesson or mistake you’ve learned from? I’d genuinely appreciate your advice. 🙏
#BinanceFutures #CryptoTrading
$HYPE $HEI
I started trading Binance Futures about 25 days ago. Honestly, I knew almost nothing about trading at the time.
I started with $100 and made $54 profit in my first week. I thought I was getting the hang of it—but then everything changed.
I lost $260 on a trade without a Stop Loss. Then, hoping to recover my losses, I added another $600—and lost that too.
In total, I’ve lost around $960, and now I have only about $24 left from my savings.
The biggest lesson I’ve learned is this: learning Risk Management is more important than chasing profits.
I don’t want to chase my losses anymore. I want to learn properly—Leverage, Position Sizing, Stop Loss, and Trade Management.
If you were in my position, what would you do?
Learn everything first, or eventually start again with a very small amount?
Experienced traders, what is the biggest lesson or mistake you’ve learned from? I’d genuinely appreciate your advice. 🙏
#BinanceFutures #CryptoTrading
$HYPE $HEI
