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Lost money ? what next ? Go through this post
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AmanXBT
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You've lost money and thinking what to do, these are the Options.
This will hurt you but it needs to be told.
1. Trade with what you've left. Try to get more profits with Leverage and win it all back as soon as possible.
Don't do this ever, this will get you rekt guaranteed
Trying to make back your losses by continuing your mistakes = Complete Rekt.
2. Re-set your mind.
Understand that you lost. Understand that your current knowledge and style isn't enough.
Don't make it about ego. Reset your mind. Re-engineer your learning.
Start from the Basics, Slow grind, make a long term slow progress plan.
THIS IS THE ONLY WAY.
3. Forget and Forgive yourself. Use this as a life lesson. And move onto something else that makes you Happy.
Life is long and vast, find something else. Too much to experience.
I hope you choose your options well.
I recommend option 2 for people who don't get anxious while trading and want to continue.
Recommend Option 3 for people who are happy to do it.
Recommend option 1 for the ones who want more REKT.
All The Best.
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🔥🔥 Eth looks Good, and it's still so strong Long it, Good long, here to down till 3000$ #ETHETFS #ETH_Market_Update
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Congratulations Boys if you have caught this move, i called it before hand ⚔️ We are leading the king moves in BTC ⚔️ Follow and comment for more analysis ⚔️ #BTC🔥🔥🔥🔥🔥 $BTC
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😳 Proper Risk Management😳 I have shared so many times in my profile, sharing again 📝 Keep your notebook ready Proper risk management involves calculating the position size before entering a trade to ensure that if the stop loss is hit, you only lose a small percentage of your account balance, typically 1%. 🗿 For example, if your trading account is $10,000, and you are taking a long position, you should only lose $100 if the stop loss is hit. 😼 To calculate the position size, use a position size calculator provided by the exchange, enter your entry price and stop loss as an exit price, and adjust the quantity/size until you get 1% of your account balance as a loss. 🎧 This helps manage risk and avoid losing your entire account on a single trade. 🤓 #RiskManagementMastery
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Some Thoughts These types of trading environments are what develop bad habits. Trading for the most part requires patience allowing the setup that works for your system to develop. The last few weeks have been relatively risk on meaning you find a setup, execute and it tends to play out rather quickly- I call that instant gratification So when the market stabilizes you are left with a instant mindset to execute and end up flip flopping setups. Do what has worked for you in the long run and try to cut the noise out- the market will always provide
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⚠️ Btc ⚠️ $BTC urgent update ⚠️⚠️ 💹 Got my Limit filled, still holding and waiting to see where this goes but i think the Risk Reward is great here 📝 ⚠️ if $60k fails as support, it's going down to lower $50k and if we hold here, new highs are coming ⚠️ #BTC🔥🔥🔥🔥🔥
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