In the last 100 minutes, the cryptocurrency market has witnessed assets worth $275 million. Why did this happen? The main reason is that many traders lack the skills and knowledge necessary for successful trading. They often follow "influencers" on platforms like Instagram, TikTok, or YouTube, who provide the profits. The mistake is believing they can achieve similar results without a specific plan.

The truth is hard to accept

Influencers often have clear strategies with calculated entry and exit points. Meanwhile, most new traders rush into the market blindly, just seeking quick profits. This lack of preparation leads to serious mistakes and ultimately widespread losses.

How to Eat to Protect Yourself from Liquidation of Assets?

1. Gradually Lock in Profits

When the first profit target (TP-1) is achieved, lock in a portion of the profits. Waiting for all profit targets to be fulfilled is very regrettable. Taking partial profits helps you protect the gains you've made while still having capital to continue trading.

2. Effective Risk Management

Do not overtrade or use excessively high leverage. For example, if your portfolio is $200, limit each trade to 5-10% of your capital. With just 2-3 active trades, you can steadily grow your main account without putting yourself at unnecessary risk.

3. Patience and Stability

Trading is not fighting; it should be determined by calculations. Small, steady profits are always better than risking for unrealistic expectations.

The Value of Patience Events

Think about it: when working, you have to wait 30 days to receive your salary. So why not apply this image to trading? If you risk your entire capital in just one day, you will have nothing left to trade. Protecting capital is a survival principle in trading.

Stop Loss: The "Safety Belt" of Trading

One of the biggest mistakes traders face is hoping that the price will reverse while closing profitable positions too early out of fear of loss. This is a flawed mentality that can lead to severe losses.

If the trade goes against expectations, accept a small account and continue. This is much better than letting the account make increasingly larger mistakes and causing significant damage to the account. Always use stop-loss orders to limit errors and protect your capital.

Conclusion

Trading is not a game that can be risked or a way to get rich quickly. It is a process of making calculated decisions based on discipline and clear strategies.

If you are not willing to commit to risk management, fighting, and discipline, then trading may not be suitable for you. Please take time to learn, manage trades wisely, and focus on building a safe main account.

Remember: protecting your capital today is key to having daily trading opportunities.

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