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CryptoAnshu
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$ACT
UP and Down
long and Short
Too much fun
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Why do you always lose money when trading? Have you seriously thought about this question? The fundamental reason for the losses of most people in the cryptocurrency world is the lack of rules in high-leverage trading. What are the rules? They are your complete trading system. For example: Which time frame are you trading? Does it align with your personality and time arrangements? How do you judge the market's trend direction? What are the conditions for entering the market? How much leverage is appropriate? Is it full position or entering in batches? Can the leverage multiple withstand fluctuations within the trading period? Where do you set your stop loss? If you get stopped out, what percentage of your total capital is lost? How many consecutive losses can your total capital withstand? If you haven't figured these out, you can only enter the "feeding mode"—providing entry points, take profit points, and stop loss points, strictly executing according to the strategy. You can only have long-term profits if you make money; losses do not benefit me at all. $XRP #TraderEducation
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