From a few hundred U to 8000 U, but back to the pre-liberation era overnight... In the final analysis, it was because he forgot these two things!
Let me tell you a real experience of a fan: At the beginning, he only had a few hundred U in his account.
After two months of doing it, with the right rhythm and strict risk control, he rolled it to more than 8000 U.
Originally, as long as he continued to be stable, the profit would continue to rise.
As a result, just last month, he did one thing wrong: he did not lock in the win and did not stop the loss.
When the market went in the opposite direction, he thought: "Wait a little longer, it should pull back..."
What did he wait for? Back to the pre-liberation era overnight!
I told him many times: No matter when, what order,
"lock in the win" and "stop loss" must be put first!
It is better to make less profit than to spit back all the profits.
It is better to lose a little than to be trapped by the market.
Why do 90% of people end up with liquidation? To put it bluntly, there are two points:
① Unwilling to admit mistakes, resisting orders until despair
② Stop losses several times and emotional collapse, and finally go all in with 100 times leverage
Human nature is like this: cautious at the beginning, the more losses, the more anxious, the more chaotic,
Finally, use a blow-up to end the entire account.
So brothers, I say it again: Only when the account is alive can you be qualified to talk about turning over!
Locking in wins and stopping losses are the bottom line. It is the lifeblood. Don't believe it? Wait until you experience it yourself and you will understand.
Now, I have a few popular bands with good rhythm, and those who follow me are making steady profits,
the premise is that they are willing to execute, stop losses, and lock in wins!