100% of liquidations are due to "holding positions",
99% of traders have not mastered "loss management".
The essence of holding positions is the lack of defensive trigger conditions,
defense is meant for more effective offense, and reducing positions is for more powerful increases.
Defense and offense are a combination of punches; in a fluctuating market, only a combination of punches is effective. Otherwise, you are bound to incur losses and exit.
The failure in trading is not about choosing the wrong instruments, nor missing the trend, but about not understanding the present moment.
Wishing you "not to stare at the market, but to trade with ease".
