◾️Baini's Personal Views on Holding Positions

Recently, many people have sought my help due to holding positions for over a month. Today, let's delve into this issue. Holding positions essentially stems from human nature (loss anger) and (gambling psychology). It seems like procrastinating on stop-loss, but in reality, it buries greater hidden risks.

It only leads to self-paralysis, causing insomnia, anxiety, and other mental exhaustion. Small positions may lock in a large amount due to market fluctuations, missing new opportunities and easily impulsively opening hedges, falling into the dilemma of being trapped on both sides.

Correct Handling Method

Be direct and decisive. Once you realize you are holding a position, you should immediately close it with one click. It's never too late to stop-loss, or you can adopt a position reduction strategy, gradually exiting when the market is favorable. Avoid adding to your position against the trend to lower the average price. Even if holding a position seems to succeed temporarily, it is a dangerous mistake that will foster a gambling mentality. If you violate discipline, it might be helpful to set a 'three-day or five-day observation period'—only observe the market without making trades, to reinforce operational awareness and avoid repeating mistakes.