Post
Topic
Board Trading Discussion
Re: A little sad story
by
suryogandul
on 28/04/2021, 15:52:39 UTC
So I got some bonus from bybit.

I longed btc at first with 50x leverage (you do that with 'free' money), but since it was on the rise for last few days, thought it will dip and closed the long, opened short.

Got liquidated soon after.

Had I not closed the long, I would be in several double digit thousands of dollars profit today.

Rip
many people experience situations like yours, usually panic sell. You can make this an experience and in the future you can do an analysis to find out when to release or when to hold so that you can predict whether it is in the long or short term. good luck in the future