๐๐ฅ Account Liquidated? Hereโs What You Should Know to Protect Yourself ๐ฅ
๐
We all feel for those going through liquidation โ itโs tough, but every painful moment is also a chance to learn and grow. If youโre serious about trading, you must master one golden rule:
๐ Always Use Stop Loss and Take Profit. No Excuses.
Why is it so important?
๐ป Stop Loss (SL):
Protects your capital. Itโs like a seatbelt in a car crash โ you might not avoid impact, but youโll survive it. Without it, one bad trade can wipe your account.
๐ข Take Profit (TP):
Locks in gains before greed takes over. The market can reverse anytime โ donโt get caught dreaming of more when you should be securing profits.
โโโโโ
๐ Trading Without SL/TP is Gambling, Not Trading.
โ A pro trader doesnโt just predict โ they plan.
โ Risk management is more important than being right.
โ Emotions kill accounts. Rules protect them.
โโโโโโ
๐ Simple Risk Strategy to Follow:
1. Never risk more than 1โ3% of your capital in a single trade.
2. Set Stop Loss based on technical levels (not feelings).
3. Set Take Profit before entering โ know your exit.
4. Use alerts or bots if you canโt monitor 24/7.
5. Always ask yourself: โIf this goes against me, how much can I lose โ and can I live with that?โ
โโโ
๐ Repeat after me:
โNo trade is worth my whole account.โ
Stay smart. Stay protected. Trade with purpose.
โ A message from someone whoโs been there and learned the hard way.
#MyCOSTrade #FreeSignal๐ฅ #freesignalcrypto #MemeWatch2024