A mistake that costs real money: taking profit early and losses late.
Closing winners at the first green number while letting losers run inverts the reward to risk the strategy assumed, so a system with a real edge still loses money.
Define both exits before entry, and let the plan close the trade rather than the feeling.
Today's market makes the point: RAY is +60.9% while MARSCOIN is -20.9%, a spread of 82 points across the same 60 liquid pairs on the same day.
#Write2Earn #TradingTips #RiskManagement #TradingBasics
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Closing winners at the first green number while letting losers run inverts the reward to risk the strategy assumed, so a system with a real edge still loses money.
Define both exits before entry, and let the plan close the trade rather than the feeling.
Today's market makes the point: RAY is +60.9% while MARSCOIN is -20.9%, a spread of 82 points across the same 60 liquid pairs on the same day.
#Write2Earn #TradingTips #RiskManagement #TradingBasics
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
