I've noticed many posts on Square where people are facing significant losses. For instance, traders enter positions with a $3 margin, but their losses spiral to $53 or more. This often happens because they lack proper risk management and fail to close trades when losses are minor. Instead of accepting a small $1 loss, they let their trades bleed, resulting in extreme losses compared to their portfolio size, like $53 or more.
To avoid this, it’s crucial to understand one key principle: profits are never guaranteed, and neither are losses. What truly matters is having a plan and knowing when to exit a trade, whether you're trading $ETH , $BTC , $SOL , or any other asset.
Mastering risk management and setting stop-losses are essential to protect your portfolio. Don’t let small losses turn into major setbacks!
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