Surprisingly, the third deal of the day, I'm very lucky 😅
The unexpected pump $ETH brought me +300%, but despite such luck, I adhere to conservative risk management and do not enter a deal more than 1-2% of the deposit.
First deal of the day Not an ideal entry, it could have been better, but bad experience is still experience. Let's see how the situation develops today before lunch.
Earlier, I expected that after entering, the price would immediately go in my favor, now I am not afraid to see small losses and just wait and observe.
Good morning ☕ It's interesting to notice that the market often looks completely different in the morning than in the evening. Yesterday it seemed that the movement was just starting, but today you open the chart — and everything has already passed without you.
Most often, the thought to enter a trade comes to me in the morning, but then I remember how many times I entered just because 'it seems like it's going to go now'. In the end, either entering in the middle of the movement or at the very end.
I've learned to hold myself back and just observe the price action for a couple of hours.
Now I try to look at the higher timeframes first, understand where the levels are, and only then think about entering, not the other way around.
How about you — is it more often the best trades happen in the morning, during the day, or at night?
I'm writing about my experience and thoughts + I love reading your comments and advice. Wishing everyone a good day ☀️$BTC $ETH
I caught myself thinking that futures are, in a sense, a gamble.🎲 It pulls you in very quickly, and at some point, you catch yourself no longer analyzing but just trying to guess the movement.📈📉
In the last month, there have been many unsuccessful trades, and I realized that the problem lies not only in the market but also in the fact that I start breaking my own rules.
So, I decided to set clear limitations for myself: — not to trade on weekends, as there are often strange movements — not to enter trades at night because then I can't sleep and constantly check the chart — not to use high leverage, even if it seems like the entry is perfect — not to open a new trade immediately after a loss to avoid the urge to recover — and not to enter the market just because I'm bored and want to 'open something'
And yes, today I broke the rule and entered a trade, surprisingly so far I'm in profit. I scold myself not to do that again 👌 Let's see if I can trade more calmly like this. So far, I understand one thing — without discipline in futures, you can't last long. #futures #tradingpsychology #crypto #binancefutures #riskcontrol
Today I tried to trade futures on Binance again, and to be honest, it’s much harder than it seems from the outside 😅 You look at the chart — everything is clear, here’s support, here’s resistance… You enter a trade — and the price immediately goes the other way.
While I’m learning not to rush and not to enter every movement. I notice that when I wait for a normal level, it turns out better, and when I enter out of fear of missing out — it’s almost always a loss.
Today I decided to trade carefully, with a small amount, to watch the price reaction and not to use too much leverage, it’s hard (although I really want to 😅).
Sometimes it seems like the market is deliberately going against me, but I understand that it’s just experience, without it, nowhere to go.
Who else has recently started trading on Binance? Do you also have more losses than profits at first?
Hello everyone, it's time for me to write something. In a month in the cryptocurrency theme, I have already lost more than 1K $ , but not on the exchange, but through scammers who stole this money from me. 🥲
To all beginners, I want to say from my own experience - don't believe in "quick growth", no one teaches for free, golden mountains will only be with scammers at the expense of your money, never take loans, don't sell property (I was very aggressively persuaded to do this - Thank God I didn't go for it)
This was my price for stupidity, for trust, for ignorance and misinformation, and I am not ashamed.
Now my goal is to recover my loss with small steps, I have become more skeptical of signals and analyze the market myself as best I can, even if I don't know much.
Everything works perfectly on the demo account 🤣 but unfortunately, there is little deposit for acceleration. We are saving money little by little 🙃 Best wishes 🫡