Binance Square
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Siddharth Giri
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🚨Biggest #Trading Mistake🚨 Suppose you start trading with $1000 and you decided to risk 5% ($50) per trade. You open a trade after confirmation but the trade hit stop-loss. You open another trade after confirmation but this trade hit stop-loss again. After two continuous losses, your balance is $900 & you start panicking & your mind forces you to take the wrong decisions. Now you start thinking about recovering your losses instead of making a profit & to recover the loss your mind forces you to open another trade. You open another trade without confirmation & this time you take a higher risk because your mind is forcing you to do so. The trade hit stop-loss again. 💔Your mind keeps forcing you & you keep doing the same mistake again & again & you end up with a $0 balance after a few more trades. #BinanceTournament

🚨Biggest #Trading Mistake🚨

Suppose you start trading with $1000 and you decided to risk 5% ($50) per trade.

You open a trade after confirmation but the trade hit stop-loss. You open another trade after confirmation but this trade hit stop-loss again.

After two continuous losses, your balance is $900 & you start panicking & your mind forces you to take the wrong decisions.

Now you start thinking about recovering your losses instead of making a profit & to recover the loss your mind forces you to open another trade.

You open another trade without confirmation & this time you take a higher risk because your mind is forcing you to do so. The trade hit stop-loss again.

💔Your mind keeps forcing you & you keep doing the same mistake again & again & you end up with a $0 balance after a few more trades. #BinanceTournament

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