Forwarded from SUPREME VIP GROUP
In trading, it is very easy to get lost in the game.
Here are 5 common habits that might help in limiting your risk exposure 💥
⠀
1. Double, triple, even quadruple-check your orders
⠀
Electronic trading has made it very easy for traders to execute trades. However, because of the ease and simplicity of electronic online trading, the chances of erroneous commands also rise significantly.
⠀
Having a well-thought-out trading plan would be useless if you do not correctly input your orders.
⠀
In May 2010, the financial market experienced a huge crash due to a “fat finger” event.
⠀
A trader in a large trading firm mistakenly sold $16 billion worth of future contracts instead of just $16 million.
⠀
Other traders who saw the order thought that something big was about to happen, so they sold too.
⠀
This resulted in a collective intraday drop of $1 trillion in the U.S. equity market. Needless to say, the trading firm, as well as those holding on to stocks, lost a lot of money.
⠀
2. Take profit on your winning trades
⠀
Another commonly overlooked risk management practice is taking some of your profits off the table while the price action is still in your favor.
⠀
We know it’s tempting to ride a trend with a full position all the way to your profit target, but taking off a part of your position limits your exposure to potential volatility.
⠀
After all, the saying “The trend is your friend… until it ends” didn’t come from nothing, did it?
⠀
3. Take a step back from trading
Do you feel like you’re in a trading rut? Are your fundamental and technical analyses off more often that you’d like to admit?
⠀
If you said “yes” to these questions, then you probably just need to take a little time off from trading.
⠀
What’s good about staying away from the markets completely is that you’re not emotionally invested in any position.
This usually allows you to reset and see market themes and chart patterns from a renewed point of view. And sometimes, a break will help you realize what you did wrong in your last couple of trades.
Here are 5 common habits that might help in limiting your risk exposure 💥
⠀
1. Double, triple, even quadruple-check your orders
⠀
Electronic trading has made it very easy for traders to execute trades. However, because of the ease and simplicity of electronic online trading, the chances of erroneous commands also rise significantly.
⠀
Having a well-thought-out trading plan would be useless if you do not correctly input your orders.
⠀
In May 2010, the financial market experienced a huge crash due to a “fat finger” event.
⠀
A trader in a large trading firm mistakenly sold $16 billion worth of future contracts instead of just $16 million.
⠀
Other traders who saw the order thought that something big was about to happen, so they sold too.
⠀
This resulted in a collective intraday drop of $1 trillion in the U.S. equity market. Needless to say, the trading firm, as well as those holding on to stocks, lost a lot of money.
⠀
2. Take profit on your winning trades
⠀
Another commonly overlooked risk management practice is taking some of your profits off the table while the price action is still in your favor.
⠀
We know it’s tempting to ride a trend with a full position all the way to your profit target, but taking off a part of your position limits your exposure to potential volatility.
⠀
After all, the saying “The trend is your friend… until it ends” didn’t come from nothing, did it?
⠀
3. Take a step back from trading
Do you feel like you’re in a trading rut? Are your fundamental and technical analyses off more often that you’d like to admit?
⠀
If you said “yes” to these questions, then you probably just need to take a little time off from trading.
⠀
What’s good about staying away from the markets completely is that you’re not emotionally invested in any position.
This usually allows you to reset and see market themes and chart patterns from a renewed point of view. And sometimes, a break will help you realize what you did wrong in your last couple of trades.
《🤖ACCOUNT MANAGEMENT/ TRADING SECURE SPOT🤖》
-----------------------------------------
🦿To our supportive beloved subscribers who are reluctantly busy and cannot trade the signals all the time, we have our promised and guaranteed scheme of work, exclusively & perfectly for busy traders, beginners and anyone who, confidently needs our mentorship, and also for members who doesn't want to take risks while trading personally. 🦾
🌞SUPPORTED AND MANAGED BY OUR AI ROBOTS AND WELL TRAINED TRADERS WITH 15 YEARS EXPERIENCE IN BOTH OUR FOREX AND CRYPTO MARKET.🌞
----------------------------------------
1] Deposit 700$ as we are willing to give 1,500$ every 2 weeks Thursday; total profits in 8weeks ($6,000)
2] Deposit 1,400$ as we are willing to give 2,900$ every 2 weeks Thursday; total profits in 8weeks ($11,600)
3] Deposit 2,800$ as we are willing to give 5,700$ every 2 weeks Thursday; total profits in 8weeks ($22,800)
4] Deposit 5,600$ as we are willing to give 11,300$ every 2 weeks Thursday; total profits in 8weeks ($45,200)
5] Deposit 11,200$ as we are willing to give 22,500$ every 2 weeks Thursday; total profits in 8weeks ($90,000)
6] Deposit 22,400$ as we are willing to give 44,900$ every 2 weeks Thursday; total profits in 8weeks ($179,600)
-----------$-------------------$------------
We'll get your details for registering your account, Each participants income is added to our forex and crypto trading platform and then linked up to our special Ai robot bots and traded to massive and impressive yield profits.
Each ofrer will last for 8 weeks,
Gained profit Payments is every 2nd week Thursday till the 8 week
(PAYMENT METHOD)
---------------------☆-----------
} USDT | ETH
} BTC | USDC
📱 FOR MORE ENQUIRIES CONTACT ADMIN 👇
@FX_CARTER
-----------------------------------------
🦿To our supportive beloved subscribers who are reluctantly busy and cannot trade the signals all the time, we have our promised and guaranteed scheme of work, exclusively & perfectly for busy traders, beginners and anyone who, confidently needs our mentorship, and also for members who doesn't want to take risks while trading personally. 🦾
🌞SUPPORTED AND MANAGED BY OUR AI ROBOTS AND WELL TRAINED TRADERS WITH 15 YEARS EXPERIENCE IN BOTH OUR FOREX AND CRYPTO MARKET.🌞
----------------------------------------
1] Deposit 700$ as we are willing to give 1,500$ every 2 weeks Thursday; total profits in 8weeks ($6,000)
2] Deposit 1,400$ as we are willing to give 2,900$ every 2 weeks Thursday; total profits in 8weeks ($11,600)
3] Deposit 2,800$ as we are willing to give 5,700$ every 2 weeks Thursday; total profits in 8weeks ($22,800)
4] Deposit 5,600$ as we are willing to give 11,300$ every 2 weeks Thursday; total profits in 8weeks ($45,200)
5] Deposit 11,200$ as we are willing to give 22,500$ every 2 weeks Thursday; total profits in 8weeks ($90,000)
6] Deposit 22,400$ as we are willing to give 44,900$ every 2 weeks Thursday; total profits in 8weeks ($179,600)
-----------$-------------------$------------
We'll get your details for registering your account, Each participants income is added to our forex and crypto trading platform and then linked up to our special Ai robot bots and traded to massive and impressive yield profits.
Each ofrer will last for 8 weeks,
Gained profit Payments is every 2nd week Thursday till the 8 week
(PAYMENT METHOD)
---------------------☆-----------
} USDT | ETH
} BTC | USDC
📱 FOR MORE ENQUIRIES CONTACT ADMIN 👇
@FX_CARTER
If you're not successful yet,
Stop reading and start trading.
1) Study
2) Practice
3) Make plans
4) Review your trades
5) Plan your next trades
6) Invest in yourself
Weekends are the best way to improve your trading.
Trading success is not cheap.
Contact admin for more information ℹ️👇
@FX_CARTER
Stop reading and start trading.
1) Study
2) Practice
3) Make plans
4) Review your trades
5) Plan your next trades
6) Invest in yourself
Weekends are the best way to improve your trading.
Trading success is not cheap.
Contact admin for more information ℹ️👇
@FX_CARTER
I call these moments fateful moments
This is an important point in the path of every trade!
He asks himself, is it worth it for me to suffer?
Is it worth it to try again after all this effort?
Is it worth putting my energy into this?
and...
These doubts and hesitations have occurred to all traders
Those who are now training experienced these moments and continued, and some did not continue after these moments and became successful in other life skills.
The decisions you make in these moments are profitable or loss for your dreams
In this case, it is clear whether you are a trader or not
And be sure that this situation happens to the trader several times, which makes him question his values
It's weekend days buddy 😎
Time to read, learn and invest more on the forex & crypto trading, for more enquiries contact admin @Fx_carter for support.
This is an important point in the path of every trade!
He asks himself, is it worth it for me to suffer?
Is it worth it to try again after all this effort?
Is it worth putting my energy into this?
and...
These doubts and hesitations have occurred to all traders
Those who are now training experienced these moments and continued, and some did not continue after these moments and became successful in other life skills.
The decisions you make in these moments are profitable or loss for your dreams
In this case, it is clear whether you are a trader or not
And be sure that this situation happens to the trader several times, which makes him question his values
It's weekend days buddy 😎
Time to read, learn and invest more on the forex & crypto trading, for more enquiries contact admin @Fx_carter for support.