🔥 "I lost $200 in a minute... Learn from my mistake"
I thought I was a pro, but one minute was enough to make me lose $200 due to a small mistake...
I am a trader on short time frames (scalping), and I entered a short position on a coin that had risen by 30% beforehand. I anticipated a correction, but I didn’t pay attention to two things:
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❌ First mistake: I didn't respect the resistance
The coin was above a strong resistance, but I entered against the trend, saying: "It will definitely go down."
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❌ Second mistake: I didn’t set a stop-loss
Can you imagine? A trade on 20x leverage without a stop loss 😞
In less than a minute, the coin broke through and went up, and the trade ended with a direct loss of -$200!
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💡 The lesson I learned:
1. Respect the trend no matter how confident you are
2. Always set a stop loss
3. Do not enter a trade against the market unless you have strong evidence
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⚠️ Advice for every beginner:
If you feel the market is tempting... review your plan twice before you hit the "Buy" or "Sell" button.
The market is unforgiving, especially with leverage.
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