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He lost $10 million yesterday — and it wasn't the market's fault🩸🩸🩸🩸
He was an experienced trader. Sure. Sharp.
But yesterday, on Binance, he made such a massive blunder that it cost him $10 million in seconds.
What did he do?
He opened a massive long position of 100x on a volatile coin — without a stop loss.
The market dropped just 1%, and boom — total liquidation.
Why? Because he bet like a gambler, not traded like a professional.
No stop loss. No hedge. No backup plan. Just pure ego.
And that's how the market teaches lessons.
So here’s what you should be doing:
1. Hedge your trades
Open an opposite position (like a short) with a smaller size to reduce risk.
If the market moves against your main position, your hedge softens the blow.
2. Use a dynamic stop loss
It moves with the price. If your trade is in profit and the market reverses, secure profits before the price drops too much.
Set a trailing distance (like 2%) — it rides the wave but pulls you out before the collapse.
These two tools?
Not only will they save you from big losses — they will keep you in the game.
Do you know how to use the dynamic stop loss and hedge positions?
Comment below 👇