Maybe someone will find this interesting 🤔

THE FIRST and MOST IMPORTANT rule: ❌NO LIQUIDATIONS❌

• The essence is not to get caught in a 'liquidation'; you can close positions at a loss, you can close at a stop, but the main thing is to avoid liquidation, not to think 'it will bounce back' or 'I'll just wait a little longer and everything will be fine again'.

• You need to understand and remember that liquidation means a negative balance if trading with the entire balance while the deposit is being accelerated.

• Even if entering trades with a certain percentage of the deposit, liquidation always spoils the mood, leading to thoughts of quickly recovering losses, which results in senseless trades and even greater losses.

• Closing a trade at a loss or closing at a stop-loss is just a small step on the path to success; it's not as painful as liquidation, it's an inconvenience that doesn't lead to the loss of the entire balance.

• Always set a stop-loss.