An year to forget to me. I have had very huge losses in the last 5 months and liquidating myself for 5 times each in every month. The lesson learnt in this process is never ever put all your crypto into a single trade and trading is not gambling. My biggest losses are with #hippo #GPS #PEOPLEUSDT .
Lost all my money in a single trade again #AIAUSDT . AIA coins unpredictable behaviour last night is a nightmare for me. At some point in the trade i entered into profits zone but my greedyness made me all my money again. Now, my loss on binance futures trading went all the way to the 450 usdt . Looks like trading is not my thing.
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#Liquidity101 Liquidity is one of the most important concepts in trading and investing, especially in crypto markets. It refers to how easily an asset can be bought or sold without affecting its market price. High liquidity means there are many buyers and sellers, allowing for faster transactions with minimal price slippage. Low liquidity, on the other hand, can lead to volatile price swings and difficulty executing large trades. In decentralized exchanges (DEXs), liquidity is often provided by users through liquidity pools. These pools help ensure smoother trading but can come with risks like impermanent loss. Whether you're a trader or investor, understanding liquidity helps you make smarter, more efficient moves.
#OrderTypes101 Understanding order types is essential for anyone trading in crypto or traditional markets. The most common order types include market orders, limit orders, and stop orders. A market order executes immediately at the current price, ideal for quick buys or sells but can lead to slippage. A limit order lets you set the exact price at which you want to buy or sell—great for precision, but it may not get filled if the market doesn’t reach your target. A stop-loss order helps minimize risk by automatically selling if the price drops to a certain level. Mastering these order types helps traders execute better strategies and reduce losses.
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How I turned huge loss into huge Profit is nothing short of a Cinema🥵.
Don't go blindly. Don't reverse your decision quickly and wait patiently. I waited for some period as have nothing to lose at a point and things eventually turned in my favour. #GPS
Just not going greedy is what my principal is. I hope will recover all the loss.
Set yourself a principal and do trade according to it, Nothing much.
My Tip - Set yourself a Target profit for the day. If you reach the target in either profit or loss,just exit the trade and continue trading from the next day.
Getting loss will make you mad. So, don't take decisions when your in losses.