> Unfortunately, I entered a futures contract with $55, but due to using high leverage and not adhering to a stop-loss, the trade was automatically closed (liquidation) and I lost about $47. When I reviewed the details, I discovered that the remainder went to trading fees, financing fees, and slippage during the liquidation.
The experience was shocking, but honestly, it opened my eyes to many things. The most important is that futures contracts are not a game, and you can't enter them without strict capital management and good analysis.
I'm sharing this not to complain, but so that those who are just starting in the field know that the market is tough, and losing all your capital can happen in one trade if you are careless.
#MyExperience #Futures #HardLesson #TradingMistakes #Binance #Futures CryptoLoss #تداول