When u make a profit, always remember the Law of Large Losses
The lower ur position goes, the harder it is to break even
▶︎ If u are down 33%, u need 50% to break even
▶︎ If u are down 50%, u need 100% to break even
▶︎ If u are down 60%, u need 150% to break even
Imagine doing 3x just to break even
Remember the simple rule: make profit -> cash out the initial -> ride the free bag
I've made many trades when I was 100% up and then 80% down, never recovering from the losses
As a trader ur ultimate task is to SURVIVE, losing capital means u lost the game
Happy trading, and always remember this rule, bookmark and RT so others could see as well