In trading, the vast majority dream of investing little and making huge profits, but that’s the mindset that leads you to lose all your capital. When you’re in a losing position, you hope for a rebound—but let’s be honest: out of 100 times, how often does the price recover before liquidating everything? Set a clear stop loss from the very first move, anchored to the high or low, accept small losses, and likewise, take your profits when the price reaches support, resistance, or a ceiling. Leverage won’t help a beginner either. Remember: more gains mean more risk. Take on only what’s acceptable for your own finances, and never put all your “savings” in your trading account—put only 10% of your capital there, so you can experiment without going through losing streaks. I’ve been on Binance for two years, and I’ve learned more about myself than about the market! Nobody can predict the market exactly, but you can know when it’s better to get out and take a profit, rather than dream that your profits will keep rising. Then, suddenly, the price rebounds, the big players take their profits—and what about you? You’re heading straight for your SL.
But then you come up with the brave idea of moving your SL and waiting for another rebound, because psychologically, you’d already made a profit—but you got sucked into the pit 🕳️ of capitalist greed... #JobsReportRaisesHikeOdds #BTC #GanarDineroConBinance #Ripple