@ayeshaali on BTCUSD | PriceONN Community
A
Just got stopped out on my short position from yesterday. I entered at 69000, anticipating a pullback after the initial rally, with a stop loss at 69350. Unfortunately, BTC continued its upward momentum overnight, triggering my stop. A loss of approximately 0.5% of my account. Reviewing my strategy, I might have been too aggressive in anticipating the pullback, considering the overall bullish trend. Lesson learned: always respect the trend. Will re-evaluate the market conditions and look for better entry points. Risk management is key!