🔥 Many friends talk about my SL, why it keeps getting shorter. The expectation of the market is something I think should exist, but having expectations that make you hold positions indefinitely can indeed be harmful...
I am also a living witness for my friends. The reason I almost burned my account was also due to expectations. Last year, I lost more than 60% of my futures account because I was holding a Short on BTC above 10,000. In the end, I decided to cut it off instead of letting it burn.
Lately, the trades are gaining 2000-4000 points, or are at SL and stop loss. But the SL is only around 500-700-1000 points back. It depends on how you adjust the volume and leverage.
I usually set leverage at x50-x100 but with an SL of 700 points for someone ~ 0.7-1% without leverage. Going in with 2-3% of capital, the maximum loss according to leverage would only be 2-3%, SL 2-3 trades would only equal 1 trade TP.
🔸You must have the mindset of "not regretting" to enter trades with a light head. The relaxed mindset allows for quicker trades, limiting the need to hold positions, not always looking at the chart, not always monitoring trades, seeing how much it retraced, how much is still in loss.
🔹For the trades I share, I trade differently at each moment and provide full explanations. You can refer and adjust according to your personal methods. Now I see trading as a side job, so I need time to rest :)) not grinding day and night, staying up to watch trades and check charts 24/7 like before.
That's a lesson for you, friends, if you take investing lightly and relax with it, it's not that stressful at all.