🚨 Lost \$850+ on a Short Trade: A Tough Lesson in BTCUSDT Futures 🚨📉
Yesterday, I took a risk and opened a short position on BTCUSDT Perpetual Futures. My entry price was around \$46,200, fully expecting the price to drop. But instead, the market had other plans. The price reversed, closing at around \$47,100. 💥
**Loss: -\$856.40 USDT** 😱
Even though the trade was based on analysis, this experience was a harsh reminder that Futures trading, especially with leverage, is a dangerous game. A single wrong move can cost you big — and it did. ⚠️
So, what went wrong?
❌ I didn’t set a proper stop-loss
❌ I got overconfident, thinking I had the market’s direction figured out
❌ I ignored the market news and momentum signals that were clearly indicating a reversal
**The Takeaways**
✅ Always, **ALWAYS**, use a stop-loss
✅ Never go full leverage, especially when you're not 100% sure
✅ Follow trends and confirmation, don’t just trust your gut
✅ Only trade with money you're prepared to lose
Trading can be rewarding, but it demands discipline, patience, and solid strategies. Don’t rush in — take your time to learn, use demo accounts, or trade with smaller amounts if you’re new to the game.
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