💥【Let's Talk About 'Holding a Position'|Stop Fooling Yourself, It's Not Resistance, It's Procrastination】💥
Recently, many people have been holding onto their positions for a month, asking me what to do. Here’s a general overview.
Brother, listen to my advice, stop torturing yourself. Holding a position is not a solution; it's the beginning of pain.
⚠️ What is holding a position?
Simply put, it's when you are unwilling to accept a loss, unwilling to face reality, and still hope that 'maybe it will bounce back.'
To put it bluntly, it's a common human flaw: fear of loss + wishful thinking.
🌶️ What are the 'benefits' of holding a position? (Reverse understanding)
✅ Free experience of an emotional rollercoaster!
You will experience what it's like to wake up at night, constantly check the market, and have your heart race, losing mental energy before your money is even gone.
✅ The magic trick of turning small losses into big losses.
Originally just a small position, stubbornly holding onto it turns into a big wound, definitely 'small bets lead to big losses.'
✅ Effectively suppress frequent trading.
Because your position is trapped, you want to open a new position but are afraid, and when you see an opportunity, you can't get in, forcibly 'controlling your hands' ✔️.
✅ Double dilemma mode.
When you can’t hold on anymore? Let’s hedge – and what happens? You get trapped in both directions, experiencing double the trouble!
🧩 So what should you do?
🧠 Step One: Admit that you are holding a position!
Then decisively hit the 'Close Position' button. If you lose, you lose; at least it won't continue to worsen.
🔪 Step Two: Only reduce, not increase!
If the market bounces slightly, reduce your position to stop the bleeding, but never think about increasing your position against the trend to average down; that’s digging your own grave.
⚡️ Key Point: Even if you finally 'hold it back,' it’s not a victory worth celebrating.
This kind of wishful thinking will stick with you, and you will make the same mistakes next time. Eventually, there will be a trend that will carry you away directly 💀.
So, if you’ve violated your own trading discipline – punish yourself by not trading for three days, just watching the market. This method really works!
🎯 Final Sentence:
Holding a position is not courage; it’s the trading version of procrastination. Instead of staying up all night dreaming, it’s better to close your positions and get some sleep. 🛌💤