The best lessons come from the trades that don’t go as planned. I recently entered a short position on BTC, but I didn’t fully account for the market’s volatility during news events. The price spiked unexpectedly, hitting my stop loss.
This trade taught me the importance of understanding external factors like news and events. From now on, I’ll be more cautious about trading during major news releases and ensure I have a solid risk management plan in place. Trading is not just about technical analysis, but also about managing uncertainty.
