If your past strategy didn't work, it's time to shift to a new. Learn, adapt, test something new. This way you can unlock better entries, smart exits, and higher returns. Starting today, I'll be sharing simple trading tips every day. If u're interested in learning & growing together, feel free to follow along. #SmartTradingStrategies #LearningTogether #LearnFromMistakes
1. Paused and Reflect - Don't react emotionally 😔 Don't try to jump another trade to recover loss. This is called revenge trade. Instead, take a deep breath. This help to detach emotionally so you can look at the loss trade with a clear mind. 2. Record the trade - Write or take a screenshot 📖 Entry / Exit points Reason for entering (Confirmations you took) Market condition (Trend, Volatility, News events, Session) Size, Leverage, Result (Pnl, ROI) 3. Identity what went wrong 🤔 Ask: Di d I
It is just 2 directions, Up or Down. But we struggle so much to guess it right. What if there were 4 more directions to decide.. 😁 Will TRUMP rise? 😂$BNB
If u're really worried about others money, stop giving false signals. Yesterday I bought EOS per ur signal lost my money. You don't talk abt wrong signals you gave.
BullishBanter
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Why is it challenging to recover your investment after significant losses? Let's break it down. If you lose 3% of your investment, you need to earn back 3.09% to break even. However, if you lose 30%, you need to gain 42.87% to recover.
Consider this example: if you start with 100,000 yuan and lose 3% in the first trade, your balance drops to 97,000 yuan. To get back to 100,000 yuan, you need to make a 3.09% gain on the remaining amount. But if you lose 30%, your balance falls to 70,000 yuan. To recover from 70,000 yuan to 100,000 yuan, you need a 42.87% gain, which is significantly harder to achieve.
This recovery not only requires more time but also depends on encountering rare, strong market conditions. The likelihood of such favorable conditions is low, making it even more challenging to bounce back from substantial losses. Understanding these dynamics is crucial for making informed investment decisions and managing risks effectively.
$1000SATS De-list this shitty coin immediately. @binance I placed stop loss at - 25% but it didn't activate at that point and went above - 90%. Why this happened! Is it bcz of the quick movement. De-list @1000sats