#TradingTypes101 #CEXvsDEXQ101 #OrdersTypes101 Don't enter the market with all your money or all your assets – Advice from real experience $HMSTR
I entered the market enthusiastically, and without a clear plan, I opened several high-leverage trades.
The result? The account got liquidated, and I lost a large part of my capital.
One of the reasons was entering a trade on the HMSTR currency, the currency that many complain about, its volatility is high, and the risk percentage is significant.
But to be honest? The problem isn't just with the currency, the problem is that we as beginners get excited and enter without risk management.
After the experience, I came up with these tips for any beginner:
🔹 Don't enter multiple trades at once
🔹 Don't use high leverage while you are still learning
🔹 Don't enter the market with all your money, divide your capital, and keep part for emergencies
🔹 Don't trade when you are stressed or frustrated
🔹 Learn how to analyze before entering any trade
🔹 Always use stop loss
🔹 Follow news and market movements before entering a small or unknown currency
Loss is not the end of the road… the important thing is to learn and develop yourself.
Today I entered a simple trade with $4 and made a profit from it, not much, but with confidence and calm.
Trading is not quick profit, it is the art of discipline.
My advice: Take every loss as a lesson, and start again with a calmer mind and a clearer plan.
##MarketReBTCB #CryptoRoHMSTR $ET