Bull & Bear

🤩In 30 minutes I will post the news about one coin in this channel 🤩If you want to be aware then here is the link @wow_crypto_sale

Today I want to recommend a channel about the world of cryptocurrency and trading, the admin of this channel is my good friend, so please subscribe to it! 👉 https://t.me/Coin_Quest

🤩In 30 minutes I will post the news about one coin in this channel 🤩If you want to be aware then here is the link @wow_crypto_sale 😍And In this channel you can study trading @crypto_shakes

[If you’re a newbie trader, avoid this habit of averaging into losses] Imagine: You bought 1 lot of EUR/USD at 1.3000. Shortly, the price dropped 50 pips and you’re down $500. Now you’re thinking to yourself… “I knew it, the market is out to get me again.” “But wait… if I buy another 1 lot of EUR/USD, then I can quickly get out at breakeven if the price moves up 25 pips.” “I’m a genius!” So… You buy another lot of EUR/USD at 1.2950. Next thing you know, EUR/USD tanked 100 pips—which puts you at a loss of $3,500. In other words… If you had cut your loss from the start, it would have only been a loss of $500. But because you gave in to your emotions and averaged into your losses, it grew into a $3,500 loss. So the lesson is this: If the market proves you wrong, get out of the trade. Don’t average into your losers because it could snowball into something near impossible to recover from.