Post
Topic
Board Trading Discussion
Re: How to stop taking high risks?
by
MonsterV
on 20/09/2019, 16:57:55 UTC
Point is that I became tolerate to losing funds and high risks. So now I can afford to lose even too big amount and other people money

Yesterday I lost my client deposit... It was like a trial period to test my strategy , I managed 0.1 btc of his deposit, I started with money management, small leverage, made like 10% of profit in first 2 days and then I switched to big leverage, shifting stop losses once price is getting closer,  emotional trading and lost everything!
This is because of the market volatility and remembers that you never controlled the market. This is what I think you've missed up, Technical analysis. You must have to change your strategy, I don't know if you are closely observing the market movement or just putting your trades without any trading tools that might help you. Cause if you don't, you are just simply putting your self at high(very) risk and pretty ended up losing.
You already have that struggles and I hope you learn something from that and tried to listen of what the other says.


Well, it's true that @OP trades with money that can afford to lose so @OP puts trades without any trading tools. This is normal for some people who have quite a lot of money, they like to play in trading. I think @OP must feel that money is limited to trading, so @OP is more careful in trading and analyzing carefully before trading.