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RE: LeoFinance| How I looked before I leaped, and still got liquidated in futures trade

in LeoFinance2 years ago

What do you say when your trades turn red?

I mostly just say Fuck, I'm fucked!. Then I panic until I start seeing signs of recovery. And as the position recovers, I wonder at every second whether it'll reverse again and if I should close now to avoid a much worse loss or to wait for a breakeven(like you). This is precisely why I left the market - I lack discipline over my emotions. Sometimes, the market is just testing your discipline. You enter a position and it doesn't automatically start going up, there's a small reversal before it starts going your way. But if you lack the discipline to wait it out, you'll close in panic as soon as shit starts going south.

I know my friend is shaking his head right now because… well..

Oh and btw, I'm not shaking my head. I smirked when I saw this because I knew you and I knew you'd still do this anyways. I'm just glad you're not moaning about it like a bitch. Lol