Friends who have orders in hand definitely don't want to leave easily, reluctant to cut losses, afraid that if they cut, the market will drop and they will suffer losses, and if they don't cut, they worry that the market will continue to rise and miss out on more.
They repeatedly tell themselves that the market needs to correct, but in reality, they are completely led by floating profits and losses, losing their own judgment.
If they stubbornly hold onto their orders, they will only let more profits slip away.
However, the market is right in front of them, they need to be aware, set expectations in advance, and establish a key stop-loss level to manage risk.
Don't always cling to a fluke mentality; no matter how many points the order is stuck in, there is a reasonable way to solve it.
Find a suitable entry point to recover the losses, turning passivity into proactivity is the right path.
