$NAORIS
Trading in futures is like fishing.
Everyone wants to catch a lot of fish and fill their bucket to the top. But not everyone has a fishing rod and the right equipment - which means in trading, having good capital.
After finally obtaining the rod and equipment, most people become impatient. They want to catch big fish quickly and as many as possible. But they lack experience. They don't know how to handle the rod properly. This often leads to damaging it - or even breaking it completely. In trading terms, this means losing the allocated capital.
Some fish are caught quickly. While others take much longer. And some are very difficult to catch. The same applies to positions - some can be closed in profit quickly, while others require time and patience.
I don't know how this type of post will be received in Binance Square. But this metaphor has helped me stay patient and manage my positions until they turn into profit.
#Binance
Trading in futures is like fishing.
Everyone wants to catch a lot of fish and fill their bucket to the top. But not everyone has a fishing rod and the right equipment - which means in trading, having good capital.
After finally obtaining the rod and equipment, most people become impatient. They want to catch big fish quickly and as many as possible. But they lack experience. They don't know how to handle the rod properly. This often leads to damaging it - or even breaking it completely. In trading terms, this means losing the allocated capital.
Some fish are caught quickly. While others take much longer. And some are very difficult to catch. The same applies to positions - some can be closed in profit quickly, while others require time and patience.
I don't know how this type of post will be received in Binance Square. But this metaphor has helped me stay patient and manage my positions until they turn into profit.
#Binance