Siddharth Giri

🚨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

Closing this at breakeven because of the weekend.

$BTC #BTC

$BTC - Trying This Long.

Price missed liquidity below 65.5k.

Maybe it can dip lower to take liquidity before bouncing but this is a good area for a bounce.

If #BTC doesn't bounce here, we're going much lower.

$BTC - Closing This For Small Loss.

$BTC - Longed.

Sweep of the previous low, so I think it should give us a relief bounce.

Stopped Out ❌️

$ZEC - Bullish RSI Divergence in H1 & H2 + Negative Funding.

If $BTC holds, #ZEC can bounce.

$BTC needs to claim above 71.5k otherwise I think it will retest lower.

$BTC - Stopped Out ❌️

$BTC - Long Setup.

I think it will bounce higher before 72k because many people are waiting for 71-72k to open a long position.

$BTC - Closing this at BE.

$BTC - Long.

PWH should hold.

$BTC - This was fast. 😱

$BTC - Long Setup.

I think it will take liquidity above 74k before going down.

$BTC - Closed 100%

$BTC - UP 2.5R so I booked 50% Profit here and moved SL to breakeven.

$BTC is creating a Bullish Pennant.

If this works, #BTC can bounce to 74k.

Stopped Out ❌️

Three Losses in a Row again.

This PA is very difficult to trade. 70k was a very good area for the bounce but it didn't. Then 67k is mid-range, which was also a good area for bounce but again it didn't.

Looks like every bounce is a short opportunity.

$BTC - Trying This Long.

This one is risky because buy pressure is very low, but it has created a bullish RSI Divergence in the H4 chart, which is a good sign for a long position.

If it doesn't hold here, #BTC is going to 65k and Lower.

$BTC - Stopped Out ❌️

The initial reaction was good, but failed to hold H4 FVG.