💥The worst scenario that happened to me today; I delayed in closing a profitable short trade; the price flipped upwards and I paid the price for not taking precautions by activating the take profit feature unfortunately💥
$TRADOOR
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⛔️ Reminder:
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Trading futures involves significant risks; quick profit is not always guaranteed; rather, it is often followed by a quick loss; so beware of recklessness in making decisions that could be fatal; you should also be cautious about even considering such types of trading; here are some guidelines that might be useful for you in this field:
1- Do not trade with money you need.
2- Do not rush into making unconsidered decisions.
3- Do not follow recommendations from other traders.
4- Do not trade with leverage that your portfolio cannot handle.
5- Beware of greed as it is the arch-enemy of traders.
6- Avoid falling into FOMO (a psychological state that affects traders due to the fear of missing out).
7- Do not make trading a source of your daily sustenance.
8- Do not dream of quick wealth through trading.
9- Avoid falling into panic (which is the intense fear of incurring losses).
10- Tenth and finally; know dear trader that trading in futures is an activity that involves legal ambiguity; so think carefully before making decisions you might regret.
Just sharing the experience; my trades today:
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