Forget!
Forget about takeprofit, use stops to close your trades with profit. You never know which way the price will go, but why limit your profits? If you see a reaction to the level, then move your stop closer because volatility can knock out your stop.
Forget about being isolated. This will also limit you and can knock out your position. Itâs better to transfer part of the amount from futures to a spot wallet and risk an acceptable price that you are willing to lose,
Forget about trading without a stop! With one candle you can get liquidated and the market wonât even notice how you lost everything and will go in the direction you wanted to go. It is better for the stop to be triggered and you to re-enter the position than to be liquidated for a very large amount.
Forget about taking the maximum profit. It doesn't happen that way. No matter where you buy/sell, the price will go down by a few more% and you will regret that you closed. It is better to take a profit from the market than to remain at a loss. Don't be greedy
