Yes, and I’m not ashamed to admit it. Sharing this experience to convey one simple message: Don’t Let Them Wipe You Out Of The Game.
Wealth isn’t made by trading futures—it's about building a structural monument which isn’t built in a day. I started small, had a shaky start, but my strategy was simple: build it from scratch. Slowly but surely, I was making it happen, sharing my trades and signals with you. But liquidation slapped me harder and wiped out my futures account.
Here’s what I did before this bloodbath that still makes me feel confident and secure in this unpredictable market:
When I started making profits, I recovered my initial capital deployed for futures.
Took some profits out to my bank as well.
Paid off some loans on Binance by withdrawing a portion from my futures account.
And FYI, that initial capital used was a loan taken by keeping crypto as collateral. Yes, that’s the power your assets possess, but I won’t advise you to take a loan on your assets and start trading futures.
I knew how much risk to take and acted accordingly. To be honest, it was a decent sum I lost, mainly a solid running profit. So what went wrong?
Learn from my mistakes—stay cautious, manage your risks wisely, and don’t let greed cloud your judgment. Crypto trading is a marathon, not a sprint. 🚀💡
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