still learning, sometimes it's still easy to increase Margin, opening positions without setting SL that causes big losses
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Teknik1menit
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Hey friend, this is important, do not ignore it.
I have been following crypto since 2021
have I succeeded and become a millionaire or billionaire? Yes, not yet!
I have learned so much in the financial world, especially in the crypto world, the money rotation scheme from one coin to another and the 4-year cycle that always serves as a reference.
From my numerous trades in futures, why have I experienced many failures?
This is what I have experienced: Poor risk management, unrealized profit taking, and forcing trades when my mood or thoughts are not good or stable.
50-70% of losses occur due to these 3 things.
I often get profits of 200%-500% but do not immediately realize or take those profits, and in the end, the market condition reverses, wiping out all my gains, turning what should have been profit into a loss.
Therefore, these 3 important things we must focus on or remember.
1. Good Risk Management
2. Take Profit, Don't Just Screenshot
3. Trade When Your Mood & Thoughts Are Stable
We Can Achieve Success Soon 🧘♀️
I have been following crypto since 2021
have I succeeded and become a millionaire or billionaire? Yes, not yet!
I have learned so much in the financial world, especially in the crypto world, the money rotation scheme from one coin to another and the 4-year cycle that always serves as a reference.
From my numerous trades in futures, why have I experienced many failures?
This is what I have experienced: Poor risk management, unrealized profit taking, and forcing trades when my mood or thoughts are not good or stable.
50-70% of losses occur due to these 3 things.
I often get profits of 200%-500% but do not immediately realize or take those profits, and in the end, the market condition reverses, wiping out all my gains, turning what should have been profit into a loss.
Therefore, these 3 important things we must focus on or remember.
1. Good Risk Management
2. Take Profit, Don't Just Screenshot
3. Trade When Your Mood & Thoughts Are Stable
We Can Achieve Success Soon 🧘♀️
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