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The Biggest Mistake is to Exit!
Everyone is wondering why the market is down! Last time when the market was hovering around 62k, many retail traders exited their positions. However, those who held on made the profits.
Despite recent CPI and PPI data being below expectations and high ETF investments, the market remains sluggish.
The market is playing with your nerves. Whales want you to exit your positions, creating an environment where it seems like the end of the market.
Spot traders, hold your positions. Market downturns are temporary. Futures traders, if your liquidation point is far from your buying price, stay calm.
Successful traders weather the storm. Don’t let fear dictate your actions.