āFirst Time Using Trailing Stop-Loss: Between Nervousness and Reliefā
At first, I was hesitant to try the trailing stop-loss feature on Binance. I usually only use limit or regular stop orders. But after a few times the market reversed when I left for a moment, I thought, āOkay, itās time to upgrade my strategy.ā
At that time, I bought an asset that was rising quite rapidly. I set a trailing stop at 3%, hoping to secure profits without having to constantly monitor the charts. And sure enough ā the price kept rising, and the trailing stop followed upwards. When it finally corrected, the sell order was executed automatically. The result? Higher profits than if I had sold manually earlier.
Since then, this feature has become my go-to tool for protecting profits when the market is aggressive. It feels like having a personal assistant guarding my position without the drama of FOMO.
someone trying to help me to recover my loss but he get my all balance loss very bad luck for me he told me to $1k to make $10k in 15 days but starting after day 2 did this..... my bad luck.....šššššš
Don't miss accurate signal why you loss every day if you want to make like this type of profit just fallow me and comment on this post How #TradeLessons
ready bro, hopefully the direction is beneficial for everyone
Arcane001
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Why 99% of Crypto Traders Lose Money. And How to Be the 1%
Most people think they just need the "perfect coin" to get rich. Wrong. The real secret? Risk management and emotional control. Hereās why most traders fail: No stop loss: they "hope" instead of managing risk.Overleveraging : turning small losses into disasters.Chasing pumps: buying AFTER the move, not before.Ignoring fundamentals: trading hype, not value.Emotional trading: fear and greed ruin every plan. How to flip the game: Always set a stop loss. Protect your capital.Never risk more than 2% of your portfolio on one trade.Research the project fundamentals hype.Stay calm. Your mindset is your biggest asset. Trading is 10% strategy, 90% psychology. If you master yourself, you can master the market. Do you agree? What's the biggest lesson trading taught you?
I took a short but the market went up, losing 100 dollars, oh my God, please let the price of BTC drop.
Cherly W Ferontica
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There is a possibility that BTC will rise to 90k, sweeping the Short positions of 1.7B, and after that it will definitely drop down to 79k sweeping the Long positions of 3.27B Those who put Short, be careful, it seems there will be another increase, and those who play Long, be very careful because there are more Long positions