1. There is no concept of stop-loss. This is the biggest reason for the widespread losses among retail investors over the years.
2. Blindly increasing positions. When the trend is downward, the result of increasing positions can only lead to worse losses.
3. 'Being trapped is not scary; if you don’t sell, you won’t lose.' Having this idea is very frightening; the decline is very crazy, and there is no bottom in sight.
There are many methods to actively get out of the trap, but the key or central idea is to find all possible ways to reduce costs, recover losses, until making a profit; the methods to get out of the trap are actually very simple and easy to understand.
If you want to quickly get out of the trap, you must not have a mindset of luck.
Being trapped is a situation that has already become passive, so after being trapped, one must be spirited, analyze the situation well, and not have a mindset of luck; once trapped, one cannot just neglect it.
