💥I closed a long position on currency $SAHARA with a decent profit; fearing a price reversal 💥
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⛔️ Reminder:
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Trading futures involves significant risks; quick profits are not always guaranteed; often followed by quick losses; so beware of rash decisions that can be fatal; be cautious about even considering this type of trading; here are some guidelines that may be helpful for you in this regard:
1- Do not trade with money you need.
2- Do not rush into ill-considered decisions.
3- Do not follow recommendations from other traders.
4- Do not trade with leverage your portfolio cannot handle.
5- Beware of greed, as it is the trader's worst enemy.
6- Avoid falling into FOMO (a psychological state that affects traders due to the fear of missing out on opportunities)
7- Do not make trading your source of daily income.
8- Do not dream of quick riches through trading.
9- Avoid falling into panic (which is the intense fear of incurring losses).
10- Tenth and finally; know dear trader that trading in futures is an activity that involves legal ambiguity; so think carefully before making decisions you may regret.
Just sharing the experience; my trades today:
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