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Why do 90% of Traders Fail? – A candid perspective
#MarketPullback
#FutureTrading
#FOMCMeeting
#ĐầuTưTươngLai
In the trading world, there is an unofficial statistic that is frequently mentioned: 90% of traders lose money or blow their accounts within the first 1-2 years. This is not a figure meant to scare, but a warning for anyone looking to step into the market. Below are common reasons why most traders fail – compiled from practical experience and market observation:
#FutureTrading
#FOMCMeeting
#ĐầuTưTươngLai
In the trading world, there is an unofficial statistic that is frequently mentioned: 90% of traders lose money or blow their accounts within the first 1-2 years. This is not a figure meant to scare, but a warning for anyone looking to step into the market. Below are common reasons why most traders fail – compiled from practical experience and market observation:
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Question - Answer for handling order: Open Short XRP and updates, technical analysis of Future strategy (10 PM on May 6)
#MarketPullback
#PhanTichKyThuat
#FutureTrading
#ĐầuTưTươngLai
#Xrp🔥🔥
Question: I opened a short at 2.1082, how should I set SL and TP reasonably?
Answer: Below are the proposed management strategies for the Short XRP position at 2.1082, based on current technical analysis:
1. Stop Loss (SL)
Proposed SL range: 2.135 – 2.145
Explanation: This is the nearest resistance level; if the price surpasses this level, there is a high likelihood of a strong upward reversal — thus, a stop loss should be set to preserve capital.
#PhanTichKyThuat
#FutureTrading
#ĐầuTưTươngLai
#Xrp🔥🔥
Question: I opened a short at 2.1082, how should I set SL and TP reasonably?
Answer: Below are the proposed management strategies for the Short XRP position at 2.1082, based on current technical analysis:
1. Stop Loss (SL)
Proposed SL range: 2.135 – 2.145
Explanation: This is the nearest resistance level; if the price surpasses this level, there is a high likelihood of a strong upward reversal — thus, a stop loss should be set to preserve capital.
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$ETH ETH & TradeFi: The Future of Finance
Ethereum (ETH) is not just a cryptocurrency, but also the core platform driving the development of TradeFi. With smart contracts and DeFi, ETH is revolutionizing the traditional financial system, enabling transparent, decentralized transactions without intermediaries.
From asset tokenization to decentralized lending protocols, Ethereum opens up investment opportunities and financial access for millions. The combination of ETH and TradeFi will be a leap forward for the global financial market!
Do you believe in this future?
#ĐầuTưTươngLai
Ethereum (ETH) is not just a cryptocurrency, but also the core platform driving the development of TradeFi. With smart contracts and DeFi, ETH is revolutionizing the traditional financial system, enabling transparent, decentralized transactions without intermediaries.
From asset tokenization to decentralized lending protocols, Ethereum opens up investment opportunities and financial access for millions. The combination of ETH and TradeFi will be a leap forward for the global financial market!
Do you believe in this future?
#ĐầuTưTươngLai
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