I agree this is 🤭🤭$BTC
BTC
66,828.84
+0.66%
the current condition makes us smarter in securing profit,
if we make mistakes we might turn around and actually incur a lot of losses
Post
Why Do Many Traders Lose in a Bull Run? Here Are 3 Fatal Mistakes That Often Occur!
Many people think a bull run = the easiest time to make a profit. In fact, it is during this time that many traders actually lose a large balance.
Here are 3 fatal mistakes that often occur in a bull run:
1️⃣ FOMO without a plan.
Seeing prices rise continuously, immediately buying without analysis. Finally, buying at the peak, selling at the bottom.
2️⃣ Don't forget to take profit.
Traders often become too greedy. In fact, the strategy of 'taking profit in stages' can protect capital and secure profits more safely.
3️⃣ No target & stop loss.
Here are 3 fatal mistakes that often occur in a bull run:
1️⃣ FOMO without a plan.
Seeing prices rise continuously, immediately buying without analysis. Finally, buying at the peak, selling at the bottom.
2️⃣ Don't forget to take profit.
Traders often become too greedy. In fact, the strategy of 'taking profit in stages' can protect capital and secure profits more safely.
3️⃣ No target & stop loss.