RED COIN5555
Open Trade
Frequent Trader
6.7 Years
4 Following
29 Followers
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it had been a couple of days since I had a great ✌️ downer mode
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This week many traders could be liquidated due to the market collapse:
Traders using high leverage (20x - 70x).
Traders who do not set a stop loss or rely on cross leverage.
The truth is that the stop loss is your greatest protection in the market. It may seem like it restricts you, but it actually removes you from the situation to give you a new opportunity in the market, allowing you to think and continue managing the situation. If the market hits your stop loss, it's much better than finding yourself in a bad position where you are completely liquidated. 📉
High leverage is your greatest enemy in the market. It is true that it can be tempting to make quick profits, but at the same time, it can lead to huge losses. Always remember that your trades should be thoughtful and not random. 💡
90% of traders do not achieve sustainable profits. If you think of the market as a gambling tool, you will be part of that 90%. Today you might get lucky, but don't forget that luck doesn't last, and at some point, you may end up back at zero. 💪
The secret to success in trading is good planning, risk management, and patience. If you learn to protect your capital and manage your risks carefully, you will be able to overcome challenges and come back stronger each time. 📊
Traders using high leverage (20x - 70x).
Traders who do not set a stop loss or rely on cross leverage.
The truth is that the stop loss is your greatest protection in the market. It may seem like it restricts you, but it actually removes you from the situation to give you a new opportunity in the market, allowing you to think and continue managing the situation. If the market hits your stop loss, it's much better than finding yourself in a bad position where you are completely liquidated. 📉
High leverage is your greatest enemy in the market. It is true that it can be tempting to make quick profits, but at the same time, it can lead to huge losses. Always remember that your trades should be thoughtful and not random. 💡
90% of traders do not achieve sustainable profits. If you think of the market as a gambling tool, you will be part of that 90%. Today you might get lucky, but don't forget that luck doesn't last, and at some point, you may end up back at zero. 💪
The secret to success in trading is good planning, risk management, and patience. If you learn to protect your capital and manage your risks carefully, you will be able to overcome challenges and come back stronger each time. 📊
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The Federal Reserve will be announced in a few hours. What is your prediction?
subira
52%
bajara
48%
25 votes • Voting closed
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This week we will have movements with high volatility
1️⃣) Wednesday: Federal Reserve Meeting – Decision on the U.S. interest rate.
2️⃣) Thursday: U.S. GDP Report – A key indicator of the strength of the economy.
3️⃣) Friday: U.S. inflation data – A vital metric for market sentiment.
🔥 These critical data points rarely align in a week, making the market highly volatile and unpredictable.
manage your stop loss well and trade with a minimum % of your account..$BTC
1️⃣) Wednesday: Federal Reserve Meeting – Decision on the U.S. interest rate.
2️⃣) Thursday: U.S. GDP Report – A key indicator of the strength of the economy.
3️⃣) Friday: U.S. inflation data – A vital metric for market sentiment.
🔥 These critical data points rarely align in a week, making the market highly volatile and unpredictable.
manage your stop loss well and trade with a minimum % of your account..$BTC
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Strategies to Improve Psychology in Trading
1. *Develop a trading plan*: Set clear goals and strategies to achieve them.
2. *Maintain an objective attitude*: Avoid emotional decisions and focus on data and analysis.
3. *Learn from mistakes*: Analyze and learn from mistakes to improve decision-making.
4. *Keep a trading journal*: Record decisions and results to evaluate and improve the strategy.
5. *Manage risk*: Set loss limits and use risk management tools.
Always maintain your discipline and you will reach where few arrive...📈📊💵💵
1. *Develop a trading plan*: Set clear goals and strategies to achieve them.
2. *Maintain an objective attitude*: Avoid emotional decisions and focus on data and analysis.
3. *Learn from mistakes*: Analyze and learn from mistakes to improve decision-making.
4. *Keep a trading journal*: Record decisions and results to evaluate and improve the strategy.
5. *Manage risk*: Set loss limits and use risk management tools.
Always maintain your discipline and you will reach where few arrive...📈📊💵💵
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