Deep Analysis of the Trade and Lessons for Beginners

From the screenshots, you opened two short positions while the market was clearly moving strongly upward. This is a very common mistake for beginners in crypto trading.

Market Trend Analysis

The chart of DEGOUSDT shows a very strong bullish trend.

First, the EMA structure is clearly bullish. EMA9 is above EMA21, and EMA21 is above EMA200. This alignment usually signals that the market momentum is strongly upward. In addition, the price is trading far above all major EMAs, which means buyers are controlling the market.

Second, the market has already made a large breakout move. The price increased from around 0.24 to 0.73, which is almost a 200% rally. When a coin moves like this, it often continues trending upward or moves sideways to accumulate before the next move.

Shorting during a strong uptrend is extremely risky.

Analysis of Your Position

Your DEGOUSDT short entry was around 0.587, but the market continued to rise to around 0.73. This means the trade was opened against the main trend. In strong bullish markets, trying to catch the top usually leads to losses.

Your second position used 50x leverage, which is also very dangerous for beginners. High leverage amplifies both profits and losses. Even a small price movement can create a large negative ROI.

Common Beginner Mistakes

Many beginners make three main mistakes:

Trading against the trend

Entering during strong momentum (FOMO)

Using excessive leverage

A Safer Strategy for Beginners

A simple and safer trading approach is:

Trend → Pullback → Entry

First, identify the trend using moving averages. If the market is bullish, look for long positions only. Second, wait for a pullback to support levels, such as EMA21. Finally, enter the trade only after confirmation candles or increased volume.

Good traders are not those who trade the most.

They are the ones who wait patiently for high-probability opportunities.