Trade update: Exiting $NMR ๐ซก
We almost hit TP1. The price pushed to $14.92, got violently rejected, and dumped back to $14.07.
Instead of holding and hoping it would recover, I made the decision to close the position for a small profit.
Why? Because protecting capital is more important than being right. Greed is what kills accounts.
This is the exact reason I trade Halal Spot. If this were a leveraged position, that sudden rejection would have liquidated me. Instead, I walk away with a small gain, zero stress, and my capital intact for the next A+ setup.
I don't hide my near-misses. I document them, because this is the reality of trading. You win some, you exit some early, and you live to trade another day.
I am already scanning the charts for the next clean setup.
๐ Click the $NMR widget below to see where the price is trading now.
#SpotTrading #HalalCrypto #RiskManagement #BinanceSquare #Crypto
We almost hit TP1. The price pushed to $14.92, got violently rejected, and dumped back to $14.07.
Instead of holding and hoping it would recover, I made the decision to close the position for a small profit.
Why? Because protecting capital is more important than being right. Greed is what kills accounts.
This is the exact reason I trade Halal Spot. If this were a leveraged position, that sudden rejection would have liquidated me. Instead, I walk away with a small gain, zero stress, and my capital intact for the next A+ setup.
I don't hide my near-misses. I document them, because this is the reality of trading. You win some, you exit some early, and you live to trade another day.
I am already scanning the charts for the next clean setup.
๐ Click the $NMR widget below to see where the price is trading now.
#SpotTrading #HalalCrypto #RiskManagement #BinanceSquare #Crypto