Suppose you start trading with $1000 and you decided to risk 5% ($50) per trade.
You open a trade after confirmation but the trade hit stop-loss. You open another trade after confirmation but this trade hit stop-loss again.
After two continuous losses, your balance is $900 & you start panicking & your mind forces you to take the wrong decisions.
Now you start thinking about recovering your losses instead of making a profit & to recover the loss your mind forces you to open another trade.
You open another trade without confirmation & this time you take a higher risk because your mind is forcing you to do so. The trade hit stop-loss again.
💔Your mind keeps forcing you & you keep doing the same mistake again & again & you end up with a $0 balance after a few more trades. #BinanceTournament
Kaia: Bridging the Gap Between Web3 and Mass Adoption via LINE!
Imagine being able to shop for your favorite dress, order your favorite food, track your fitness goals, or do anything else you love, all without leaving your favorite social media app. This isn’t just a dream—it’s becoming a reality with Kaia’s Mini dApp feature. In this article, I’ll dive into the exciting possibilities of the Mini dApp feature, but first, let’s take a closer look at what Kaia is and how it’s transforming the way we interact with DeFi. What is Kaia Blockchain? Kaia is an innov
UPDATE: Double bottom is confirmed but with low volume. Let's what market makers will do. Sometimes, they take the liquidity after confirmation to take out all the small traders.
Siddharth Giri
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Bullish
#ETH - Looks Like It Won't Go Below The Previous Wick.
Current H1 Candle Looks like, it will be a double bottom with Bullish RSI Divergence.
How I Received $50 FREE CRYPTO To Kickstart My Binance Journey!
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