AFTER I LOST $700, I STOPPED LOSING MONEY TO FUTURES
Even though it was my fault, It was totally not a happy moment for me when encountered this great loss to futures trading.
Initially, I was able to turn $40 to $75 in a day with few trades. On the same day, after placing another trade, something carried me away.
I was still making profit before my attention got caught, I risked to keep my device a bit away while with opened position, little did I know I was going to be liquidated.
I didnât have idea about that, I was like âwhereâs my moneyâ. I understand the matter when I read a margin call message.
Since then I learned to use Stop-loss/Take-Profit strategies.
Since then, I never lost any money to futures trading.
This, every trader should learn!
AVOID BEING LIQUIDATED FOR A SILLY MISTAKE.
