One of the most gut-wrenching ways to lose on a futures contract: you get the closing direction right, but your position is forced out intraday.
On November 9, The Block cited rolling data from CoinGlass, reporting that about $1.16 billion in crypto-market liquidations had occurred over the previous 24 hours at the time of publication. Long positions accounted for about $1.04 billion, nearly 90% of the total. (theblock.co)
Imagine you go long. The price plunges first, triggering a liquidation, then climbs back to your entry price. If you weren’t trading futures, you might look back and think the intraday dip was a little scary. For you, that long lower wick was the end of the entire trade.
That’s why, when I review a trade, I ask two questions at once: Did I get the direction wrong? Did I leave enough room in my position for normal volatility? Sometimes the answers are completely different.
If you could redo the losing trade that sticks with you the most, what would you change first: your entry point, position size, or leverage?
#加密市场24小时清算达11.6亿美元 $BTC $ETH
On November 9, The Block cited rolling data from CoinGlass, reporting that about $1.16 billion in crypto-market liquidations had occurred over the previous 24 hours at the time of publication. Long positions accounted for about $1.04 billion, nearly 90% of the total. (theblock.co)
Imagine you go long. The price plunges first, triggering a liquidation, then climbs back to your entry price. If you weren’t trading futures, you might look back and think the intraday dip was a little scary. For you, that long lower wick was the end of the entire trade.
That’s why, when I review a trade, I ask two questions at once: Did I get the direction wrong? Did I leave enough room in my position for normal volatility? Sometimes the answers are completely different.
If you could redo the losing trade that sticks with you the most, what would you change first: your entry point, position size, or leverage?
#加密市场24小时清算达11.6亿美元 $BTC $ETH
