$BTC Red Packet is here
#交易策略误区
Many people think that the biggest challenge in investing is cutting losses. But in fact, more people make the most wrong decisions when they are making money.
There is a famous phenomenon in behavioral finance called the 'Disposition Effect'.
When investments are profitable, we often can't wait to take the profits, eager to close the position. However, when facing losses, we are reluctant to accept the loss and insist on waiting for the market to turn around.
This is also what many trading experts often say:
The real challenge is not cutting losses, but holding onto profits.