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$JCT Shorted 500u at 562, added 500u at 591, closed half at 576, bringing my cost to 576. Added at 589, got stopped out at 594, then added 500u at 602. Placed a stop-loss order for 500u at 610. Finally closed 1000u at 572 for a 23u profit. That was exhausting.🤣

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JCTJCT-3.26%


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Comment 5
GateUser-cf901006
I kept averaging down every time. In the end, I got liquidated because I didn’t cut my losses in time.
GuanlangAuthor
Before opening a trade, decide how much you’re willing to lose—for example, a maximum of 50u per trade. If you open with 500u, a 10-point loss means you stop out. Trading consists of losing and winning trades, and losses are unavoidable. All we can do is stick to strict stop-losses and manage our position size. Don’t make emotional trades or go all-in with a gambler’s mentality
GateUser-6aefc1da
This is exactly where you should go long near the lows. They’ve been pumping hard these past two days, accumulating at the lows and selling high to fleece retail investors
Everyone depends on the
Impressive, can still make money
GateUser-4e57cc84
🤣🤣