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Hahaha

I got cocky and got rekt!

The market's an animal! ๐Ÿ˜ค

It took me days to build this yet a few hours to destroy everything!

Here are some lessons I've taken home,

1. I don't have to trade all the time. I got into this trade after securing a handsome profit from a short trade.

2. I will react to the market changes ASAP. As soon as the trend changed, I should have reacted and shifted my trade to longs instead I gave in to sunken cost fallacy and kept shifting my stop loss upwards.

3. Trade familiar territories! Well all this happened because the BABY coin distracted me! $BABY

I hope these lessons help you in your trades. The secret that got me the profits in the first place were two, I'll share one:

1. You have to have some skin in the game. Just not too much skin.

Hey, if you got any ideas on how I can recover from this, I am ready to listen.

Obviously I am not giving up and I will keep you posted!

Robi out!

See you in the next one! ๐Ÿฅ‚