🚀💸 How My follower lost 1000$ In one trade 💸🚀

Hi everybody cryptomaniac this side and Today i want to share with you guys an incident that happened with 1 of my follower actually He is a trader just like us and He lost 1000$ In a single trade , Being from india 1000$ is a big amount.

However how he lost was more interesting

So he actually opened a short trade (Near the previous pump due to Sec losing news ) And holded it as he was convinced coins would go down more. Because nearly every analyst and every chart pattren was showing negative movement , However when the pump happened he lost like 40% of his total position ( 1000$ Aprx )

now the takeaways for us from this incident would be :-

Never just go by charts , Keep an eye on market newses too.

Sl should be Less , Risk management of that follower wasn’t good and he paid for it.

Please it’s a general advice it’s your hard earned money , Use it wisely as nobody can help you in recovery After that

Have you ever lost a big amount in single trade ? Tell us in comments

#BTC #ETH