#Tradelesson #TradeStrories
🚨✍️Here are some important trading lessons.
👈 When I traded futures and made a reckless purchase of DOOD, I lost. There were several reasons, mistakes, and lessons to learn from. We must learn from this experience and learn from it. ⤵️
1️⃣• First: The mistake was that I went directly to buy DOOD as soon as it fell, thinking it would rise. I initiated my trade and bought DOOD without consulting analysts or studying the market. It fell further, and I lost.
2️⃣• Second: I learned a lesson from this experience and my loss, which is that I and every user should not be immediately drawn into an advertisement or recent news or posts about any currency falling and immediately buy it.
3️⃣• Third: In the future and other trades, I must adjust my style and perspective on trading and entering into trades.
Analysts should be consulted, the market situation should be studied, the currency's decline monitored until it stabilizes, and a successful strategic plan should be developed. Recklessness and mistakes should not be repeated.
I hope everyone benefits from it and succeeds. Thank you.
