Trade update.
$POWER USDT Perpetual
Position: Long
Leverage: 20x
Entry Price: 0.1472
Current Price: 0.1302
This trade moved against the position and resulted in a loss.
In futures trading losses are part of the journey. Every trade will not work and that is why risk management always comes first.
The goal is not to avoid losses completely. The goal is to stay disciplined, learn from the market and be ready for the next opportunity.
Trading on Binance Futures.