#ETH How Traders Should Scientifically Manage the Position Process

During the process of holding a position in trading, I wonder if many of you have encountered scenarios like these: discovering that the trend suddenly reverses, and not knowing whether to take profits early. After entering a position, you find yourself in a loss and are unsure whether to execute a stop loss. There are news announcements during the position holding, and you don't know how to react... If you are often troubled by these questions during the holding process, it is likely because you have not formulated a detailed holding plan in advance.

In fact, for most traders whose mindset is not yet mature, the holding period is also when your trading mindset is most fragile. Watching the numbers on your account fluctuate back and forth, many people find it hard to calm down, leading to a variety of mental issues coming into play, just like the opening ceremony of a sports event. If you try to perform market analysis at this time to decide what the next move should be, it is likely to result in undesirable outcomes. Therefore, to achieve reasonable position management during the holding process, we cannot wait for the market to present situations and then make analyses and decisions on the fly; instead, we should formulate response plans for various market conditions in advance—what should I do if the market suddenly accelerates; what should I do if the market experiences a deep pullback; what should I do if the market encounters unexpected news. Traders must plan their response strategies for various scenarios before placing orders, and during the holding process, they should only focus on execution, which can help ensure that position management is logical and will not be led by the market due to momentary panic.

To put it simply— the market is like a battlefield, and every trader is like a soldier on the battlefield. It is too late to discuss the next action in the trenches under heavy fire, and it is usually irrational. Only by formulating various battle plans in advance to respond to different scenarios can one ensure that operations go smoothly and improve one's survival odds—this is true for professional traders as well. When encountering a crisis during the holding process, what should come to your mind is not 'What should I do now?' but 'It’s time to use #币圈 #美联储FOMC会议 #Solana现货ETF竞赛 '