7ļøā£ steps for losing trades in
#Binanace futures
1) open a trade over the weekend or when stock markets are closed so volume is low
which means technical analysis is useless
Low volume also means high volatility so you will get stooped out or liquidated, for sure.
2) Going all in on one coin and one trade and using maximum leverage and putting all your account in one trade, hoping and praying for the best šš¤š
3) keeping losing trades open for many days hoping that the price will go your way, and when it does, you immediately close the trade so that you don't "lose" the green PNL that you got. So you waited for one week with a trade open and -150% PNL but when the PNL is +6% you close it immediately. That literally does not make sense
4) Open a trade as soon as you wake up, because you don't want to miss out on the action! No need to exercise, shower, have breakfast, or anything like that. There is no time for that, not even sleep! I fear we might miss out on the price action! Hurry hurry go go go quickly!
5) You don't know why you lost the last trade that you made. You contact Binance support, you complain and blame everyone except yourself, after all how could YOU possibly do anything wrong? Right!
6) You don't know why you opened the current trades that you are in now! You don't know the confirmation of the setup, you don't know any research on the coin, you don't know market sentiment (which in crypto can turn from good to bad in a heartbeat) you don't know, you don't know, you wonder, you blame, you look for answers and find nothing, same like your account
7) not reading this article
#Write2Earnā¬ $ETC $RDNT $ETH #TradeNTell