Quote from: justdimin on Today at 11:35:21 AM

Quote from: Dr.Bitcoin_Strange on December 05, 2024, 05:57:49 PM

Actually, this morning, I did the opposite of what I talked about and it cost me to have my account liquidated. I took 2 successful trafe already which gave a return of not less than +50% in those two trades, I feel I saw a good entry position and I took the third trade and that was how I lost it all. Meanwhile, I already said to my self that I was going to take just two trade. Didn't know what pushed me, greed perhaps. I have learned a hard lesson tho.

Yeah, greed could make that possible, when you are on a roll and the money is raking in, you feel like you are unstoppable and you do that, not the greatest feeling in the world but definitely not a bad period neither, should be considered as a good thing to chase your momentum sometimes because that's how people get wildly rich, but sometimes it turns out to be not great.

I would say, as long as you only lost the profits and nothing from your capital, that loss wasn't that terrible, if you lost something bigger then yeah that would be bad, but if you lost only the profits you made from the earlier two trades, then I would say you are still far ahead of many people in the trading world and shouldn't be upset about this one.

A person should know when to stop.
The goals should be put straight - otherwise, you are in high, highhhh risk of being on the bad side of the stories on the market.