Market trends happen every day, how can you ensure that you won't be knocked down in this market?
Market fluctuations bring both opportunities and risks. Many people want to profit from the market, but most end up lost in losses. To establish a foothold in this market, you must first achieve three things.
Stay calm and do not blindly follow trends
Every time the market fluctuates, many people impulsively follow the crowd, buying when prices rise and selling when they fall. However, such actions can easily lead to being taken advantage of by the market. What you need to do is analyze calmly, maintain your judgment, and not be led by market emotions.
Strictly control risks and set reasonable stop-losses
Whether you are going long or short, controlling risks is the most basic requirement. The market has ups and downs; it is impossible to make a profit every time. Setting a stop-loss is key to avoiding major losses. Establish a stop-loss to protect your capital and prevent small losses from turning into large ones.
Be patient and wait for the right moment to enter
There are many opportunities in the market, but not every opportunity is suitable for you. Learn to wait for the right entry point instead of entering blindly. After missing a good opportunity, learn to wait; do not make hasty decisions due to “missing out,” which wastes time and capital.
To avoid being knocked down in the market, the most important thing is to stay calm, strictly control risks, and patiently wait for opportunities.
The market provides opportunities, but you must first learn how to manage your capital and mindset well.
The long position established at 2630 last night has already taken its first profit.
