How much return to expect based on your floating losses? 💸📉

In the world of trading, especially in cryptocurrencies, floating losses and return targets are a constant topic of debate. 🔄 I've seen people open positions with $500 and, in moments of high volatility, their positions even reach -100% in floating losses. 😰 However, instead of closing at a loss, they add more money, endure the loss, and when the trade finally turns green, they settle for $100 in profit, barely 20%. Is this a sustainable strategy? 🤔

What would you do? 🚀

In my case, if I risk a lot, I expect to gain a lot. If I have a high-risk trade and it reaches extreme floating losses (-100%), my minimum target is +100%, and if possible, even +200% or +300%. If I risk $1, I expect to gain $2 or $3, never just $0.2! The risk-reward ratio is key. 🔑

Reflection: Why settle for less? 📊

Successful trading is based on proper risk management. If you accept huge losses and take small gains, it's only a matter of time before a bad trade wipes out all your progress. 🧨

Questions for the Binance Square community:

1️⃣ What is your strategy for deciding when to close a trade?

2️⃣ Do you prefer to secure small profits 💵 or wait for larger returns 🤑?

3️⃣ What do you think about averaging down losses when positions are in the red?

💬 Share your experiences and strategies in the comments. Learning from other traders makes us better! 🔥

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