once your trade get into profit set stop loss at entry pice | engr-thagas-124 on Binance Square

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engr-thagas-124

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once your trade get into profit set stop loss at entry pice value

12unknown12

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Bearish

only loss no profit 😭😭
please help me 😭😭🙏🙏😭🙏🙏
tell why this happened
$INIT .
$ALPHA .
$MEME .

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$BTC As there Sellors profile is strong over the previous day so BTC is strongly expected to fall more.

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Set Stop Loss because it might go to 0.160

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If a coin is going high it will must come down.

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#How to Avoid Liquidation and Manage Losses Many traders face a common scenario where the market trend reverses immediately after placing a trade. Despite a strong upward or downward trend observed over several hours, entering a position often seems to trigger an unexpected reversal. As losses mount—reaching 25% or even 30%—traders tend to hold on, hoping the market will return to the expected value. But this emotional hold can result in even deeper losses—up to 50% or more—leading to a final desperate hope: either full recovery or complete liquidation. Here’s how to avoid this trap: 1. Use Stop Losses: Always set a predefined stop-loss level to protect your capital. Never trade without it. 2. Position Sizing: Risk only a small portion of your portfolio (1-2% per trade) to absorb unexpected moves. 3. Avoid Revenge Trading: Don’t re-enter trades emotionally after a loss. Stick to your strategy. 4. Follow the Trend, Don’t Chase It: Avoid entering late in a trend. Wait for confirmation or enter during pullbacks. 5. Accept Small Losses: Taking a small loss is better than risking full liquidation. It keeps you in the game. 6. Journal and Reflect: Learn from each loss. Document what went wrong and adjust your approach. Discipline, risk management, and emotional control are key to long-term survival in trading.

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that's why confirmation is better to avoid such happenings

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