🚨 PSA: Avoid This Critical Trading Mistake 🚨
I Just saw a post attached below ⬇️
This is why you **NEVER**:
❌ Set unrealistic profit targets
❌ Let greed override your plan
❌ Ignore stop-losses
**What went wrong here?**
1️⃣ **No Stop-Loss** → Liquidation hit at **$0.00018592**
2️⃣ **-68.45 USDT Loss** on a single trade
3️⃣ **Downtrend ignored** (Price below ALL MAs)
**📌 Pro Tips to Avoid This:**
✔ **Always set a stop-loss** (1-3% max risk per trade)
✔ **Take profits at logical levels** (Support/Resistance, Fibs)
✔ **Respect the trend** – Don’t fight EMA/MACD signals
**🔥 Remember:** Consistency > Greed. Survive to trade another day.
**💬 Comment “✅” if you’ve learned this lesson the hard way.**
#TradingPsychology #RiskManagement #LearnFromMistakes