cryptoinisghts

Since you are already trapped in a high-risk long position, emotional decision-making is your biggest enemy.
Monitor Your Liquidation Price: Your absolute priority is survival. Keep a close eye on your liquidation level. If you have spare capital, you could add margin to push the liquidation price lower, but be highly cautious—this exposes more of your capital to risk.
Avoid "Hopo-DCAing" (Averaging Down): Adding more size to a losing perp position without a confirmed market reversal often just compounds the loss. Avoid averaging down unless a solid, macro-level support holds and reverses.
Set Exit Triggers for a Bounce-back: If we get a relief rally this month, do not wait for the trade to turn into a massive profit. Prepare to scale out at break-even or a tolerable loss to free up your capital and mental bandwidth#CryptoTrading #PerpetualTrading #RiskManagement #StopLoss #TradingLessons
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