CryptoManiacsQueen
5:57 AM・Nov 28, 2023
Bullish
😫Don't let trading break you!
🥶When you incur losses, it can feel like the end of the world, mainly because you might have been risking more than you can afford.
🥴As I always emphasize, IF YOU START TRADING WITH THE INTENTION OF GETTING RICH QUICK, YOU'RE LIKELY TO LOSE EVERYTHING.
♨️That's why we continually stress the importance of PROPER RISK MANAGEMENT to ensure you never risk more than you can comfortably lose.
Make sure to always set a STOP LOSS.
By the way, remember that the move which triggered our stop loss also affected many other traders.
This is the nature of crypto trading; it's rife with unexpected price swings.
I don't have control over the market; we are merely small participants.
While it's natural to feel frustration when you incur losses, take a breather and approach the market with a cool head, following sound RISK MANAGEMENT practices... Do not act impulsively, and do not seek revenge against the market.
