In simple terms, the truly effective methods for breaking free from a losing position are as follows:
1. Think about your exit strategy (set a stop-loss) before taking action, and stick to your word without hesitation. This is key to preventing deeper losses.
2. Don't put all your eggs in one basket; never risk your entire fortune (manage your position size).
3. Make decisions based on the overall trend and actual value, rather than just blindly guessing by staring at candlestick charts.
4. Don't keep fixating on "how much you initially bought it for"; focus on whether it's worth anything now and what the market conditions are like.
Since I'm not clear about the specific prices and positions you are stuck with, I can't provide targeted advice..
