Sharing a trading operation 😂
Look at this enormous loss, and don't repeat my mistake 😁
In futures, mostly trading small amounts, so small investments and corresponding risk, possible gains and losses. Leverage 2-10x
I entered and missed the Bitcoin pullback, didn't close in time. Averaged up... currently in a drawdown.
Today I came across a note where a guy writes "don't believe there will be a pullback, this is how short sellers lure you into their sect to recover losses" - the text isn't exactly like that, but the essence is.
I'm not luring anyone, just warning that going long now can be dangerous, a correction can happen, and that's normal since people will take profits.
And why did I end up in such a situation? Because:
I rushed
I probably chose the wrong entry point
I underestimated the potential for local Bitcoin growth
I love shorting more than going long 😂🤦😝
$BTC
Look at this enormous loss, and don't repeat my mistake 😁
In futures, mostly trading small amounts, so small investments and corresponding risk, possible gains and losses. Leverage 2-10x
I entered and missed the Bitcoin pullback, didn't close in time. Averaged up... currently in a drawdown.
Today I came across a note where a guy writes "don't believe there will be a pullback, this is how short sellers lure you into their sect to recover losses" - the text isn't exactly like that, but the essence is.
I'm not luring anyone, just warning that going long now can be dangerous, a correction can happen, and that's normal since people will take profits.
And why did I end up in such a situation? Because:
I rushed
I probably chose the wrong entry point
I underestimated the potential for local Bitcoin growth
I love shorting more than going long 😂🤦😝
$BTC