#TrendTradingStrategy Lost $850+ on a Short Trade: A Hard Lesson in BTCUSDT Futures ๐จ๐
Yesterday, I took a short position on BTCUSDT Perpetual Futures, expecting the price to drop. My entry price was around $46,200, but instead of going down, the market went against me โ closing around $47,100. ๐ฅ
๐ป Loss: -$856.40 USDT
Even though it was a calculated trade, this was a reminder that Futures trading is extremely risky, especially when using leverage. One small move in the wrong direction can cost you big. โ ๏ธ
What Went Wrong?
โ I didnโt set a proper stop-loss
โ Overconfident in market direction
โ Ignored market news and momentum
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โกTips for Trading BTC Futures:
โ Always use a stop-loss
โ Donโt go all-in with high leverage
โ Follow trend confirmations, not assumptions
โ Only trade what you can afford to lose
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Trading can be rewarding, but you need strong discipline and strategy. If you're new, take time to learn, use demo accounts, or start small. ๐
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