💥 A Bloody Lesson! The Leverage Trading Mistakes You Absolutely Must Avoid! 💥

The operations over the past half month have led me to deep reflection: Why did I go from $5 to $1600, only to end up liquidated? The reason is simple: the direction was wrong, repeatedly encountering one-sided markets.

🔴 First Liquidation: $5 turned into $1600, and in the end, a wrong position was washed out by a sharp rise. A few small losses of $200 and $250 eventually led to a withdrawal of $1500, but after another loss of $140, it went back to $800. The wrong direction caused a severe drop.

🔴 Second Major Defeat: Attempted a $100 operation again, thinking I could seize the opportunity, but encountered a one-sided decline, leading to even greater losses and the need to stop loss.

🔴 Third Rebound: $100 turned into $2150, thinking I could turn the tables, but encountered a one-sided market again. Adding capital due to greed resulted in returning to $200. The execution of the strategy was not rigorous, missing out on profits.

🔴 Fourth Lesson: $200 turned into $1250, but the market fluctuated repeatedly over the weekend, and the direction was wrong again, leading to serious losses, resulting in a drop from $1250 back to $36. The more I operated, the more out of control it became, making the possibility of recovering my capital look bleak.

🔑 Core Reflection:

Don’t be greedy; setting the goal too high and having the wrong direction is inevitably fatal.

The execution of the strategy is not strict enough; when market conditions change, decisive stop losses are needed.

Protecting the capital is more important than anything else; if you lose, you should stop and not rush to recover.

Market trends cannot only follow one side; you must closely follow changes in trends.

Summary: Although I made $4000 in the past month, I nearly gave back all the profits in the last half month. Profits must be withdrawn, or else wait to lose them back. My lesson is profound, and I hope everyone remembers that executing the strategy is the key!