Stop-loss discipline — Nov 5's $787M lesson.
89% of liquidations that day were longs. Most traders didn't have a stop-loss at all — or it was manual, and they reacted too late.
3 non-negotiable rules:
✅ Set your stop-loss BEFORE entering
✅ Place it on the exchange, not just in your head
✅ If your stop is hit, don't revenge trade
The market can take you out every day — protecting your capital is your job.
#RiskManagement #TradingPsychology #CryptoTrading
89% of liquidations that day were longs. Most traders didn't have a stop-loss at all — or it was manual, and they reacted too late.
3 non-negotiable rules:
✅ Set your stop-loss BEFORE entering
✅ Place it on the exchange, not just in your head
✅ If your stop is hit, don't revenge trade
The market can take you out every day — protecting your capital is your job.
#RiskManagement #TradingPsychology #CryptoTrading