So here is how i turned my 50% lost trade into a profitable trade.
So basically i was gonna go short/sell yesterday when the price was above 627 but then by mistake i pressed long/buy 🫠
Now the goal was to protect my loss and not get liquidated but i planned a strategy that i already knew its gonna go high in next 24 hrs so i decided to wait a decrease my SL so that my trade doesn’t close in loss calculated my liquidation price and it was lil down from my SL and they both wear lowest then the all time lowest.
So today my goal was to hold and cover my loss but when i woke up this morning i saw eth going to take a new high sooo here was my time to cover my loss and also take profit so then all i closed it with happily 30% of profit.
If you wanna save your losses like i did uh just have to be patience and shall know the knowledge of risk management the most important thing in trading is strategy and risk management
