First post. A month has passed, and from a deposit of 2500 USDT, I managed to make just over 1000 USDT in net profit. Small steps towards a big future.
Days of negative PNL are the days when I didn't trade, just waiting for the growth of already opened positions. Overall, losing 4 dollars is not so scary, although, of course, it could have been avoided.
I got stuck in the position at #BANK . What do you think? When will I be able to exit at least at breakeven or in profit? So far, I don't see any opportunity for averaging down; I am waiting for even greater price decline.
This is how easily you can manipulate beginners. The same position, but different ROI percentages with 10x and 50x leverage. In the end, some are profitable, it looks like in the photo on the right. Net profit does not change with the size of leverage, but how spectacular 96% looks! The wow effect can blind many, and they are already writing in the comments "I want to receive signals".
Today, the minimum amount of time was spent on trading due to constant internet interruptions. Nevertheless, a decent percentage was added to the deposit. The deal for #SYN was closed, which had to be held a little longer than planned.
I accept congratulations on another day without losing trades.
We're jumping in at the highs! 〽️ But not long, only short. I don't like long-term positions, so these profitable scalping positions are my great love and keep my mood up for the whole day.
The main thing is to not forget about funding and not to get caught in a wild percentage. Right after the funding was deducted, I opened a position of 500 coins on an already red candle. 🤑
I could have opened earlier at a better price, but after paying 2% in funding (that's A LOT), the net profit would have been the same. Plus, I don't recommend opening a position at highs in any direction without a setup.
I waited for a drop in OI, volumes, and price - and off we go! Someone's workday costs less than what I earned in 15 minutes, it's crazy. #MYX #myxpump
Out of sight, out of mind. #BANK There is still potential for growth, but I preferred to save my nerves and resources.
I closed a losing position that I held for a few days with a small profit. Could I have closed with a bigger profit? I could. But I see no point in risking it when the coin has already pumped against a relatively neutral market?!
Could I have closed at a loss after waiting 3-5 days of methodical decline? Of course! But if you follow risk management, liquidations are not scary, and there is always room to average down a position to come out in profit or at least break even, which is what I did.
Friends, be careful! Wishing everyone successful trades!
August 2025 began with an unexpected drop in cryptocurrencies for many, and many newcomers (and not only) like I once did fell for the tricks of market makers and entered positions at the very highs, losing a significant portion (or even all) of their deposit.
Two years ago, I also lost my entire deposit and what I had earned over 2 months of DAILY work. Can you imagine how frustrating that is? And this, by the way, is a whole 10,000 USDT! For me, that was a huge amount of money that I would have spent on a down payment for an apartment.
But that was not the case! I lost EVERYTHING! And even more... I lost faith in myself, in the fact that I could trade on the exchange; I stopped this activity for six months, gathering information bit by bit from various sources. Only God knows how many hours I spent on YouTube studying different strategies and getting disappointed every time, as no one can provide adequate information that would REALLY help.
Analyzing my mistakes, I came to the simplest conclusion: RICHES DO NOT COME QUICKLY!
Do not invest money that you are not ready to lose and be patient; then you will achieve success! Best wishes!