You might have experienced the markets going against your trade and then suddenly you’re praying to your trading gods that price would turn 🙏🏽
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Then, when you (or your account) have reached your pain threshold, you either end up closing at the top or bottom or you decide that you’ve “learned” from the last time you closed a losing trade and opt to “wait it out” until your account cries uncle.
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If the scenario above sounds familiar to you, don’t worry. The problem is much more common than you think...
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It also tells us one important thing:
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🗣Your risk exposure is bigger than your risk tolerance.
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A lot of traders spend most of their time finding out what to trade and where to enter, but only give a passing thought to the amount that they risk and when and where to exit a trade.
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The problem with this habit is that you could be unintentionally sabotaging your trade by exposing yourself to more risk than you can handle.
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There are dozens of factors affecting risk exposure, but let’s concentrate on three that we can easily control:
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🧨 Position size
Large position sizes lead to large volatility in your profit/loss statement. A single pip movement would mean more to a bigger position than a smaller one.
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If you trade big position sizes, then you’re more likely to worry about making a dent on your account than how you’re executing your trading plan.
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Your position size per trade should reflect your confidence, either in yourself or in your trade idea. Choose a size that’s big enough to matter, but small enough so that you won’t mind if it ends up as a loss.
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If you’re not too sure about your trade idea or if you’re already dealing with a lot of trading psychology issues, then it’s best to start small and work your way up.
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🧨 Holding period
A trader–let’s call him Jack–once told me that a long-term trade is just another term for a short-term trade that’s currently in the red. Not surprisingly, Jack is no longer trading. See, the longer you hold on to your trade, the more volatility it gets exposed to.
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Remember that a longer holding period is equivalent to an increased position size, as it exposes a trade to a wider range of possible price movements.
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Set a time limit for your trades and be firm with your schedule. When you hold on to a trade for longer than you initially planned, then you’ll subject your open position to more catalysts than you’ve prepared for, making you more vulnerable to making emotional decisions and classic trading mistakes.
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🧨 Stop loss
Some traders make up for trading large position sizes by placing tight stops. Others tend to adjust their initial stops, use wide stops, or ignore the idea of stop losses altogether.
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The first scenario exposes your account to death by a thousand cuts, while the second strategy makes your account vulnerable to a small number of trades that could wipe out your profits.
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Remember that stop loss is your friend. It tells you when you’re wrong and, since you’ll be wrong often, it’s better that you get used to having a proverbial canary in a coal mine.

💎Todays payout has just kicked off🤩

All the Account management services members should confirm the usdt trc20, ETH and BNB address we registered them with so we can send your weekly payout !

More information should contact admin 👉

I present to your attention the TOP10 Dominance VS BTC Dominance chart.
We are on the verge of a big pump. But there are questions about the duration. History shows that after the correction there is a second impulse. But in this cycle, our altseason falls on the fifth wave of the cycle, and before that it was in the third. Therefore, I have great doubts about the second impulse of the altseason.

I'm waiting for criticism in the comments)))👇‌‌

And by the way, we are now almost at an important level, the passage of which opens the way to 108 thousand.

There is now every chance of a rollback from it, so it’s not worth buying at the moment. You can seize the moment and trade for a breakout, but it is likely that the breakout will be a sharp impulse.‌‌

Short-term deal with increased risk⚠️

🗣XCN I take long, good volumes came in and came out of the sideways upwards.

LONG🏓

🟢Coin: XCN/USDT
🟢Entry price: $0.0040-0.0037
🟢Output: $0.004175, 0.004355, 0.004575
🟢Stop: $0.003655

🔩Transaction type: short term

🛡Shoulders: 10-30x

We fix part of it, stop in boo💵

I trade on the Bybit exchange

Give us 🔥🔥🔥 and maybe we’ll have time to give you another deal!‌‌

Good afternoon 👋

All takes are closed, give me 🔥 and I’ll add new deals 💵

I trade on the Bybit exchange‌‌

Jan 17 Options Data
22,000 BTC options expired with a Put Call Ratio of 0.95, a Maxpain point of $96,000 and a notional value of $2.19 billion.182,000 ETH options expired with a Put Call Ratio of 0.36, Maxpain point of $3,250 and notional value of $610 million.

Bitcoin rallied again above $100,000, sweeping away the weekend's subdued market sentiment, but most of the torrents are still weak and market attention is largely focused on Bitcoin.‌‌

NASDAQ has applied to list Canary's spot LTC ETF.‌‌

Jan 17 Options Data
22,000 BTC options expired with a Put Call Ratio of 0.95, a Maxpain point of $96,000 and a notional value of $2.19 billion.182,000 ETH options expired with a Put Call Ratio of 0.36, Maxpain point of $3,250 and notional value of $610 million.

Bitcoin rallied again above $100,000, sweeping away the weekend's subdued market sentiment, but most of the torrents are still weak and market attention is largely focused on Bitcoin.‌‌

NASDAQ has applied to list Canary's spot LTC ETF.‌‌

I took SOL LONG, the target is $219.60, I’m not setting a stop yet - additional purchase of the position is possible!‌‌

By SOL we took our goal, congratulations to everyone!‌‌

#LPTUSDT short

Entry: 14.764 (current)
Goal: 13.631 (7.67%)
Stop: 15.361 (4.04%)

Risk per trade - 1% of the deposit in case of a stop

There was a short break, and now I’m waiting for confirmation, covering the imbalance from below, as well as removing liquidity below.

🔥We get a good fall!

We can fix part of the position and throw stops at the boo.‌‌

Good afternoon everyone!

There is a tense atmosphere in my office today 💬

They are discussing information leaks, and it seems that someone began to suspect that insiders were coming out after the publication of the first four spot trades 🔥

They asked who might be involved and are actively trying to find this person ⭕️

My friend in the strategic analysis department has access to important information. We have been collaborating with him for a long time, and he always keeps me informed of what is happening. Today I was shocked when I read a message from him 🤔

Your understanding and support are especially important at such a moment.‌‌

Information coming from a colleague