Hey Whales,
While you may be profiting, it's essential to consider the impact on innocent people. Success isn't guaranteed in your life. I think Some whales may read this message, and I can confidently say that many of them will be affected in the upcoming days. Their substantial funds can influence and even destabilize the market.
However, others shouldn't be overly concerned about this market situation. Some whales will face losses; this is my prediction. If no one follows the trends, they risk losing money.
For regular traders, always use a Stop Loss (SL) for all trades. If you have a short position in a bullish market or a long position in a bearish market, it's wise to set up SL just above or below Support and Resistance Levels rather than at the exact price level.
Observing other posts and articles, I've noticed that many regular traders lose money due to market fluctuations when they don't follow trends. It's crucial to maintain a Risk-Reward ratio of 1.5-1.7 and avoid engaging in revenge trading.
Tomorrow, I will post about how to trade with proper risk management.
Good night ,
$BTC