Many traders fall into the trap of incorrectly Support their trades
For example :
Some coins have already changed their way and show clear signs of downtrend. However, the trader continues to increase the amount of the coin in the hope of a rebound.
Result :
Continuing decline and increasing losses
On the other hand, we note that others support their positions at very close levels, which leads to the accumulation of risks without having a real opportunity for profit.
The Golden advice :
Before you start supporting your positions, it is necessary to develop a clear plan. Search for strong positioning points that will help you make a good average entry, so that you can reap profits with the following wave.
Conclusion :
Do not support your trades randomly. Make your plan and be strategic in distributing your positions to achieve the expected profit with the market movement
#CryptoMarketMoves #BinanceSquareFamily
