Do not enter the market with all your money or all your assets – Advice from real experience $HMSTR
I entered the market with enthusiasm and without a clear plan, opened several positions with high leverage.
The result? The account was wiped out, 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 level is significant.
But honestly? The problem is not 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:
🔹 Do not enter multiple trades at the same time
🔹 Do not use high leverage while you are still learning
🔹 Do not enter the market with all your money, divide your capital, and keep a portion for emergencies
🔹 Do not trade when you are stressed or frustrated
🔹 Learn how to analyze before entering any trade
🔹 Always use stop loss (Stop Loss)
🔹 Follow the news and market movements before entering a small or unknown currency
Loss is not the end of the road… what matters 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.
#BinanceHODLerRESOLV #BTCBreaks110K #CryptoRoundTableRemarks $HMSTR $ETH