Using cut lose with your own willing to lose before start trade guys

#traders #NewTraders DO NOT TRADE LIKE THESE EXAMPLES

What I can see these examples are using highest leverages (x70, x100, x125), it is really UNWORTHY to hold these positions.

For example ETH, margin is $47, but PnL -$2569, this is big mistakes because of HIGH LEVERAGE and DON'T USE STOP LOSS.

I am fine with high leverage, it might bring much more profits if we are on right direction, but it will be a big debt if we are wrong direction.

In this case, I really recommend to use stop loss -100%, -150% ROI. We can lost $47, but use remaining capital of $2500, this can help us to take profit much more by reverse the position, or choose another coins to trade.

So don't trade like this.

(sorry guys I downloaded your screenshots to provide examples to my followers)

#Binance #Write2Earn






#Binance