The only pitfall in trading now is losing money: When going long, you hesitate to chase after the price rises; yet, when going short, you stubbornly hold on during a price surge — the more it rises, the more you want to short, and the more you short, the crazier it gets, completely falling into a vicious cycle. If you can't follow a bullish trend, then at least don't touch short positions; even if you can't resist opening a short, you must keep the stop-loss tight! In this market, holding positions without stop-loss will only lead to one outcome: liquidation, there's no other possibility!
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