#Sol This morning I saw that I earned $48 on futures from 18$ .
I was happy and made the biggest mistake of not setting a stop loss, and I wanted more profit when I saw that the trade was going in my favor. I relaxed and stopped monitoring it and didn't notice how the price reversed and went down. As a result, from these 48$ , I was left with only $6.
Now I am incredibly disappointed. I only tried futures and put in the amount that I was okay with losing.
This was a very important lesson for me that I always need to set a stop loss, not to desire more profit, and always analyze the market more carefully.
I was happy and made the biggest mistake of not setting a stop loss, and I wanted more profit when I saw that the trade was going in my favor. I relaxed and stopped monitoring it and didn't notice how the price reversed and went down. As a result, from these 48$ , I was left with only $6.
Now I am incredibly disappointed. I only tried futures and put in the amount that I was okay with losing.
This was a very important lesson for me that I always need to set a stop loss, not to desire more profit, and always analyze the market more carefully.
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