I've been following this guy for several months (3).
He had losing trades and held onto them, but the risk was wildly overstated and his risk management was terrible.
As a result, literally yesterday his balance became zero, down from half a million dollars.
Think about it, people have half a million and still get liquidated, sitting in losses for months and not knowing what to do.
Yes, I can sit in a drawdown for 1-2 weeks, I can do it for a couple of days, I can do it for a few hours, but I know that my trade is not hopeless and I monitor the risk very carefully.
Learn to trade and calculate risk, learn and rely on yourself 🤝🏻
More information in my Telegram: Willberich-crypto #Copytrading
I've been following this guy for several months (3).
He had losing trades and held onto them, but the risk was wildly overstated and his risk management was terrible.
As a result, literally yesterday his balance became zero, down from half a million dollars.
Think about it, people have half a million and still get liquidated, sitting in losses for months and not knowing what to do.
Yes, I can sit in a drawdown for 1-2 weeks, I can do it for a couple of days, I can do it for a few hours, but I know that my trade is not hopeless and I monitor the risk very carefully.
Learn to trade and calculate risk, learn and rely on yourself 🤝🏻
More information in my Telegram: Willberich-crypto #Copytrading
Dare you not to follow any advices on square. The main purpose of square is to group the traders, so it would be easier to liquidate them. Use your brain, make your decisions!
dude, i'm looking forward to see more posts from you. like
不投机只能开滴滴
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All the pitfalls encountered by novice cryptocurrency traders, hoping to help everyone (Part 2)
Waking up every day from the glorious home to start engaging in speculative activities. It has been over a month since the last article, during which I researched Binance's API and discovered many interesting things. For example, the order book can accommodate 1500 levels, which is impressive; in the stock market, you have to pay extra for just 10 levels. I quietly listened in the live room for a long time and heard many stories of losses. The crypto space follows the jungle law, where the weak are preyed upon by the strong, and everyone relies on their own skills. Continuing with what I hadn't finished writing before, I’ll share some pitfalls I’ve encountered.
Using the Martingale strategy, be careful of being treated like a dog with your funds.