Your job as a trader is not to predict. It’s to execute your edge and manage your risk. That’s the only thing you can control.
Wishing all my traders out there a profitable month ❤️❤️ @ahmedxm01
🚨 ALERT: OVER $1 BILLION LIQUIDATED IN 24 HOURS AS CRYPTO CRASHES
More than 178,000 traders were wiped out as $BTC fell to $59,175, its lowest level since early June.
LONGs took the majority of losses amounting to $780M.
Why is everything Dumping ?
Over $3 Trillion wiped out in 24 hours.
Bitcoin: -3.52%
GOLD: -2.24%
Silver: -4.78%
🇰🇷KOSPI: -10.68%
🇯🇵NIKKEI: -4.85%
🇭🇰 Hang Seng: -3%
���🇸 US futures: -1%
Some of the key reasons are:
1) Heavy selling in AI, tech, and semiconductor stocks as investors take profits after a strong rally.
2) The Bank of Japan's recent rate hike is tightening global liquidity and putting pressure on markets.
3) Stronger-than-expected US jobs data has brought fears that the Fed could keep interest rates higher for longer.
4) The Fed's hawkish stance has reduced expectations for rate cuts, with officials signaling that rates may stay higher for longer.
5) Investors are potentially reducing risk exposure and moving into cash and defensive assets.
Most losses start small. Ego is what makes them large.📈📈
🔑 key:
~Accept losses early
~Follow your stop-loss strictly
~Trade with a plan, not emotions
~Stay disciplined and manage risk
~Remember: Protect capital first, profits come later💎
@ahmedxm01 MARKET ORDER
DOGEUSDT
LONG/BUY
ENTRY: MARKET ORDER
SL❌:0.08176
Tp✅:0.09237
Manage your risk well
RISK WHAT YOU CAN AFFORD TO LOOSE
Apply proper risk management
Use 1 or 5% of account
Use 20x leverage
🙏 Happy Father's Day to all the amazing fathers in our community and to the future fathers still building their legacy. May God bless you with wisdom, strength, good health, and financial freedom. May your efforts today create a future of abundance for generations to come.#happyfathersday