NO stoploss AND THE BITTER END

1. No Discipline => You LOSE HEAVILY

2. Wrong Volume => WILL CAUSE YOU TO LOSE.

(No Discipline => Playing without stl => YOU LOSE).

+ Are there any brothers who trade Futu and lose due to wrong volume (large orders, chaotic orders), not setting stoploss leading to losses, losing money unnecessarily???

==> Even many brothers WITHOUT DISCIPLINE let it drift leading to losing MONEY or losing A LOT OF MONEY??

1. Most of the brothers when playing Futu think the coin will DROP -> then will INCREASE again.

+ Many times after setting stl -- it hits stl, the coin rebounds back to entry and profits -- Brothers get frustrated, being like this a few times will lead to the MENTALITY of brothers -- setting stoploss for what, then it will REBOUND anyway.

+ Many brothers think they have A LOT OF MONEY -> when it drops then DCA (average price) -> when it REBOUNDS up then there will be PROFITS.

==> Brothers, if it DOES NOT REBOUND, the average price volume increases, when the market dumps strongly (OM just now from 6.6$ to 0.3xx$ ) then A LOT OF MONEY will also B.U.R.N, at this time it will be a FINAL REBOUND, brothers.

2. Most of the brothers think they go in with a really big order, then TAKE PROFIT 1-2% and then get out, then run,... locking in for sure 😂

+ This way of thinking, this way of playing is TOTALLY WRONG, brothers.

==> Brothers think this way of playing can win 6-7-8-9 orders... BUT unlucky to hit the 10th order you just entered -- when the market dumps strongly then the initial orders that you TOOK PROFIT will NOT BE ENOUGH TO COVER the losses, even losing all the capital and profits.

🤝 Advice for the above 2 cases:

+ Playing Futu means you MUST HAVE DISCIPLINE in setting stl clearly.

=> Brothers can set stl at 3-4-5% even higher but still have to set stl.

+ Playing has days winning and days losing, on days unlucky to hit stl 2 times then relax, play again tomorrow, NO FRUSTRATION, NO WIN-LOSE with the market when the spirit is not comfortable.

+ Cultivate the habit of maintaining consistent volume.