Price action, risk management, and trading psychology are the foundation.
But trading also requires: • a clear process • patience and selectivity • awareness of risk beyond the chart Most beginners don’t fail because of strategy. They fail because they trade without structure, discipline, and self-control.
👉 What do you think is the hardest part of trading: strategy, risk, or psychology?
You’re flexing with unrealized pnl where you gamble your whole portfolio? You will soon get liquidated bro. Someone is happy for his winnings and youre trying to showoff.
He used 40x leverage, which means his margin*leverage=position value. If price reaches liquidation price he lose all his money (margin). Do not go this way. Don’t use high leverage
DiegoMerchan
--
Can someone explain to me how this works (I saw it in another post), they put in 500 thousand dollars and if the price goes up to a certain amount they earn 13 million, but if it goes down they lose the 500 thousand?
When the market price reaches the liquidation price, your position will be removed and you will lose everything
DamianPL
--
Hello everyone! Quick question. If BNFCR drops to zero, will Binance close the position or part of it? If I'm at a loss, do I need to have something in BNFCR for those fees every 6-8 hours?