Locking positions, seemingly unremarkable yet the most important trading discipline!

Definition of locking positions: After setting a stop loss when opening a position, close the app, do not pay attention to the market, and do not make any operations. Only open the app the next day to check before taking any action.

Multiple experiences of liquidation are all due to not executing a lock!

If you do not execute a lock, you will pay attention to market conditions, and you will fall into the trap of frequent trading, which will inevitably lead to losses. After losing, being eager to recover will lead to using high leverage. High leverage and frequent trading is a deadly combination! Using high leverage for frequent trading is like one person fighting against a hundred wolves, destined to end in ruin!

If you do not execute a lock and keep watching the prices, even if you make the right call, you won’t be able to hold onto it!

If you do not execute a lock and are fixated on a certain coin, you will remove or modify the stop loss when the situation is unfavorable, turning it into holding the position, ultimately leading to liquidation and total loss!

Locking positions is very simple: after opening a position, close the app and do not reopen it that day. It’s that simple, can you do it? It can be said that 99% of people cannot do it! Therefore, the vast majority of people incur losses!