@lovingnotworking: Many new traders often make the mistake of focusing too much on making big gains and forget one crucial aspect: protecting their profits. Here’s why this is a big mistake: Greed Takes Over: New traders often hold onto a winning trade too long, hoping for even bigger gains. They end up losing the profits they could have locked in. Lack of Exit Strategy: Without a plan for when to sell, traders can miss the best opportunity to cash out, turning a profitable trade into a loss. Ignoring Stop-Loss Orders: By not setting stop-loss orders to automatically sell if the price drops, new traders risk losing their hard-earned profits in a market downturn. Overconfidence: Seeing initial success can make traders overconfident, leading them to take unnecessary risks and neglect the importance of securing their gains. Market Volatility: Crypto markets are highly volatile. Failing to protect profits means you might miss out on capitalizing during sudden price swings. Protecting your profits is just as important as making them. Always have a strategy to lock in gains and reduce risk to ensure long-term success in trading. I teach crypto trading in my brand-new Zen Block program. I’ve made multiple millions by trading and shorting the market during crashes, making profits whether the market goes up or down. I started with just $100 years ago and grew from $12k to $1 million in a year. Along with a team of coaches, I teach you how to learn and succeed faster than I did. DM me to start @lovingnotworking

Anna Macko •
Anna Macko •
Open In TikTok:
Region: GR
Friday 14 June 2024 11:02:29 GMT
619
32
13
34

Music

Download

Comments

mvlegends1
MV :
Definitely good advice here. Must have the stop loss in place when that profit is there. Losses can be huge otherwise under leverage.
2024-06-14 23:01:09
2
sukiuchiha65
Suki Uchiha :
can you show a example please
2024-06-14 13:23:15
2
markmanrique3
Mark Manrique :
That’s what I need to learn how to do
2024-06-14 11:44:14
2
To see more videos from user @lovingnotworking, please go to the Tikwm homepage.

Other Videos


About