🔥 The storm is fierce.... surely many are affected, right? Invested 45$ but the loss is 32 times compared to the capital.
Liquidated MYX is continuously liquidated, both Long and Short positions have gone, but the Short team is just holding their breath, if it pumps more, liquidation will be terrifying.
🔸Market cap is around 45m$ which is not very high, nothing is worse than blocking the train and not setting SL. Don't know when it will drop back, if it rises, it will still mess with psychology.
🔹Sometimes it’s just due to accidentally setting a “Limit order” and then forgetting to set SL. You in the picture are the same, I've been caught many times already, always blocking trains and catching falling knives then limiting. Forgetting… comes with a heavy price always. So friends should pay attention, if there is a limit order, also set up SL or price alerts on the chart for peace of mind.
Otherwise…. wanting to drop the shrimp, to catch the fish but unexpectedly losing an elephant like this. Immediate pain. Remember… set SL, whether limit or market, always set SL in.