šØ Important Message for Beginners
The market does not defeat you when prices go up and down; the market empties your account when you:
ā Do not use Stop-Loss
ā Take excessive leverage
ā Enter without thinking
ā Chase every move (FOMO)
Understand the reality:
Leverage gives fast profits, but losses and liquidations happen even faster.
Simple Rules (Beginners):
ā
Always set a Stop-Loss
ā
Use low leverage (less than 5x)
ā
One trade = one plan
ā
Accept losses, do not revenge trade
A trader who does not control risk will have their account controlled by the market. That's the bitter reality; I faced it
#biggnertrader #leaverage #futurestraders #stoploss #CryptoPatience $BTC