The One Rule That Saved You From Panic Closing Trades
When your position turns red and keeps dropping, panic hits hard.
I know because it happened to me. Two months in, I watched my trades bleeding. I have totall 100 $USDT and lost 33 in one $BTC trade.
But I learned one simple rule:
"Never close a trade when you're panicking."
Easy to say. Hard to do when you're losing money.
What happens when you panic close:
- You exit at the worst time
- Price reverses right after you close
- You miss the recovery you were waiting for
- You turn a small loss into a guaranteed loss
How to handle panic?
Close the app and walk away. When fear takes over, step away from the screen. Go outside. Clear your head. Emotions settle. Then you can think straight.
If you are a beginner with low capital, set a stop loss and trust it. When panic hits, ask yourself: did my stop-loss get hit? If not, then nothing changed. Just wait.
Remember, markets move fast. Red candles are normal. They don't mean you're wrong. Markets swing up and down. That's just how it works.
The real lesson: Panic closing kills more accounts than bad trades. It turns temporary losses into permanent ones.
I learned this the hard way during my first month of trading. Lost money because I let fear control every decision. Now I'm building proper discipline through demo trading before going back to live trades.
Your support on this journey keeps me motivated.
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