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Today I saw a great article to share with you (do not lock positions)

Many beginner traders choose to lock positions when in extreme fear. Today I will explain as clearly as possible the issue of locking positions.
First, "locking positions" is a common misconception in trading that seems smart but is actually very harmful!!!
Locking positions usually refers to "opening both long and short: this way, regardless of how the market rises or falls, the loss of one position will be offset by the profit of the other position, and the total loss is locked at the amount at the moment of locking. Sounds great, right? But the trap lies here.
1. It does not solve the problem; it is just "covering one's ears while stealing a bell"
Locking positions does not eliminate your losing position; you are merely covering an old mistake with a new trade. Your loss has been locked in but has not disappeared.
2. It numbs you and delays the necessary pain
One of the most valuable qualities in trading is "decisively admitting mistakes." Locking positions creates an illusion of "I am not losing," avoiding the difficult but correct decision of "cutting losses."
It makes you lose the golden time of risk control.
3. It doubles your trading costs and complexity
Double the fees: + double the psychological pressure: you now need to solve two problems: "When to close the long position?" and "When to close the short position?" The difficulty of unlocking is far greater than handling a single-direction position. You can easily fall into a vicious cycle of "unlocking and locking again."
4. It turns you from "a friend of the trend" into "an enemy of the market"
Trading profits come from following the trend. When the trend goes wrong, locking positions makes you both long and short, equivalent to telling the market: "I don’t know the direction; I give up." You forfeit any possibility of profiting from following the trend.
5. Unlocking is a bigger nightmare
When you decide to unlock, you usually face two kinds of mistakes:
Closing profitable positions while leaving losing ones: For example, after a price decline and then a rebound, your short position starts to lose. You might close the short position out of fear but leave behind a deeply losing long position.
Closing all positions in panic: When the market fluctuates violently, and you cannot bear the psychological torment from both sides, you may end up closing both long and short positions at the worst moment, ultimately resulting in huge losses.
Always remember this phrase: the initial stop loss is the cheapest and most effective stop loss. #美联储降息预期