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Opened new trades missing key element: valid take profit targets, only had entry and stop loss. From 🚨 I MESSED UP BIG TIME!!! (NEVER DO THIS) | I Lost THOUSANDS Trading Bitcoin + BTC TA Update · jumps to 3:39 · speech
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▶ Open at 3:39 on YouTube speech
What happens in this moment And so the following day, I opened up a long trade that was actually not a bad trade to take. But I didn't approach it the way I should have. Every trade that you take needs to have three things. Every single trade you take needs to have a reason for the entry, a place to get out if it goes against you, and a place to get out if it goes for you. Now the problem I made with taking these series of trades after accidentally closing my long, was I had two of the three things correct. I had a valid reason to take a trade. I had a valid risk, but I didn't have a valid take profit.
🔎 Search every moment in the archive → More moments from this stream Trader lost $10,000 due to rookie mistakes involving greed, FOMO, and revenge trading. · 0:00 Explains swing trading Bitcoin strategy, locking in $65k short, then flipping long on June 25th. · 0:44 Opened two large long positions totaling ~$1M, expecting bullish move to $74,000 level. · 1:27 Accidentally closed entire position while attempting partial profit-taking, losing psychological edge. · 2:13 Closing position damaged trading psychology, creating emotional distress and regret about missed gains. · 2:55 Held three scalp trades into losses instead of taking profits due to revenge trading and greed. · 4:25 Could have profited $5k+ but gave back $11k due to not following strategy and loose stops. · 5:08 Emphasizes importance of sticking to rules regardless of experience level; turned trading into gambling. · 5:52 Discusses Bitcoin technical analysis, mentions trading platforms and upcoming Bitcoin price analysis. · 6:37 Bitcoin rejected macro POC, analyzing support levels at $64k and $60k with potential $74k target. · 7:20 Remains bullish due to confirmed bullish divergence on weekly/two-week timeframes and money flow signals. · 8:08 Bitcoin analysis: if 64K breaks, watch 60K zone for long trade setup with bullish divergences. · 8:52 © 2026 ReRun.fun — find any moment in any stream.