Sometimes we’re impatient to close a position as soon as we make a small profit, yet stubbornly hold on to big losses when the market moves against our trend. In a contest of who has more capital, we’ll definitely lose to the whales. But when it comes to strategy, retail traders may be better at making limited capital go further to withstand the whales’ pump or dump attacks.
Trading isn’t about how quickly it can make us rich; it’s about how well we can survive the whales’ crazy capital manipulation. Small but consistent profits are far more valuable than winning big once but consistently losing even more (a string of losses).
#TradingStrategies #BinanceFutureSignal #BinanceSquare
Trading isn’t about how quickly it can make us rich; it’s about how well we can survive the whales’ crazy capital manipulation. Small but consistent profits are far more valuable than winning big once but consistently losing even more (a string of losses).
#TradingStrategies #BinanceFutureSignal #BinanceSquare