High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
The title says it all, LINK is testing crucial resistance, headed to 11 next unless it breaks 13.
@DukeDinhd6, Stopped out =! rekt, trading 101 my friend ;)
Tiger_Style
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This is the proper way to trade, people commenting "Rekt" are likely the ones that get rekt. Thanks for the honest look at margin trading.
Ehan_Eclipz
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Thanks for sharing your trade. Try looking for the indicators that would have told you NOT to take this trade to see where this went wrong. Just my 2 cent
zerobounds
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@Ehan_Eclipz Nothing went wrong here, we simply got stopped out. This is how high leverage trading works. Sometimes there is a squeeze and you get stopped out, other times you 10x your initial investment.