#CreatorPad Do not trade out of anger or fear, and follow your plan.

Review of trades:

Learn from your mistakes and try to improve your performance.

3. A live example of a trade:

Let's assume you decided to trade Bitcoin/USDT in the futures market.

1. Market analysis:

Using technical analysis tools, you notice that the price of Bitcoin is in an upward trend.

You identify a potential entry point at $30,000 and profit targets at $30,500 and $31,000.

You set a stop-loss order at $29,500.

2. Executing the trade:

You enter a buy position at a price of $30,000 using a certain leverage (remember that leverage increases risks).

You place a take-profit order at $30,500.

You set a stop-loss order at $29,500.

3. Monitoring the trade:

Carefully monitor the price.

If the price reaches the profit target, the trade is automatically closed.

If the price reaches the stop-loss, the trade is automatically closed.

4. Evaluation:

After closing the trade, evaluate your performance.

Did you achieve the desired profit?

Could you have improved your performance?

Use this information to enhance your strategy in future trades.

4. Important notes:

There is no guarantee of profit: trading in cryptocurrencies involves high risks, and you may lose part of your capital $BTC