Trading Mindset
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Regarding Copy Trade, I will post only the monthly report.
No other update here other that. Follow with your own risk. i will stick to the plan i proposed.
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Sign up bitget by clicking here
This is profile link.
https://www.bitget.com/en/copytrading/trader?id=9301285632
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Ignore this message if you dont wanna follow. this post is for people asked me to trade again
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I wasn't active past 2weeks because I couldn't focus on anything because a few people got liquidated in the last ETH merge pump
I refunded a few people from Srilanka ( even though it's their own risk ). If you agree to take a chance, follow me or trade by yourself. Don't ask for refunds
Now, let's talk about what's next to prevent this kind of loss in the future.
1. There are two types of followers, with low capital and larger capital funds ( the same Strategy won't work for both of them ) which was the mistake I made in the last trade. I accept the defeat.
- Low cap has to set 3 trades + 3 more trades for risk management in Order cost
- Large cap has to set 6 trades + 6 trades ā in order cost
2. You can close your contract if it exceeds -40% in the loss. I will try to avoid these losses, but to prevent liquidation, we need to take this measure ( note: this is the overall contract percentage )
3. Keep leverage to 5-7x max . at your own risk you can keep 10x
4. Low cap trades will be taken in - Bitget Copy Trade
Large cap trades will be taken in - Bybit Copy Trade
5. In a low cap, any amount is acceptable - people who lost money will get priority if they wish to follow me again. Larger cap followers should have 1500$ or above to accommodate 12 trades in total
6. I will focus on securely bringing min 30% in profit per month. After that, I will reduce my pace accordingly to avoid losses for followers.
7. Dollar Cost Averaging is my last resort to secure the trade. I will try to avoid it
8. if you want to add more to this list, DM me .
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The current open trades will be closed on Wednesday. if the loss stays above 30% .
Once closed. I will propose the new strategy to avoid further issue like this especially liquidation.
Again, you can unfollow and do it all on your own. its upto you. dont contact me for losses, i'm sorry again for people who got liquidated.
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One more thing.
If you want me to stop āCopy tradingā I will do it
Because I never did this for money
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Hi everyone
Firstly , Iām sorry for trade that ended up in loss for few people
The reason I shorted was because we all expected a negative impact after the FEDs interest rates announcement.
But no idea why it pumped. I hope it should be a āpump and dumpā
Secondly:
The reason I have taken more more trades than usual.
In the 500 followers , more than 150 people has 15000$ + in copy trading. They constantly asked me to take more trades (because only 1000$ per trade is max )
I tried this for first time as the situation looked good , everyone expected a dump.
Finally,
People who lost money , ranting at me for this loss in social and emails
No one dared to question when I made profits for them. If you expect me to be god who could predict the future of price movement , you are mistaken
Loss is part of trading and I told every month end to take your profits and spend it .
Hereafter, do at your own interest, Iām not gonna update you on copy trading. Expect the monthly report .
Do your research and trade by yourself . If you canāt handle this
Thank you
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it seems like, lot of peope dont have funds for 2rd trade itself. Please have money for at least two trades min.
its important .
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Update on Copy Trading .
I will start trading from today . i was busy for a while
My friend's copy trading application got rejected.
The Add/Remove feature is not live yet .
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This video is ready to upload if the RSI video gets 2000 likes.
Without "bots" :P
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For ālive trade videoā
Capital - 10$ šš½, 20$ š or 250$ ā¤ļø
Vote your reaction .
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If this video Reaches 2000 Likes , i will upload the next one.
Please dont use "Bots"
