Unwinding Guide Practical Strategies
Recently, many people in the backend have asked how to unwind. As an experienced trader who has gone through countless bull and bear cycles, I will provide you with an efficient and hardcore process for unwinding. If you follow this, you can generally keep your losses to a minimum or even turn things around:
First, clarify which type of 'being stuck' you belong to.
Stuck in a sideways range: For example, buying high and selling low within a range, with many opportunities as the market fluctuates. In this case, holding patiently or doing T-trading has a high chance of unwinding.
Stuck in a trending market: For example, buying at a peak or not stopping losses when the market shifts from bullish to bearish. In this situation, never just hold on; the longer you wait, the deeper the losses.
Do you have ammunition?
With bullets: Avoid going all-in; you must add positions in batches to lower your cost and reduce losses through T-trading.
Without bullets: Don’t fantasize about unwinding through miracles. It’s advisable to decisively cut losses or switch coins and focus your energy on more promising markets.
Understand the market position; don’t add positions blindly.
In the early stage of a rebound/strong support zone: You can buy in small amounts at low prices and do rolling T-trading.
When there are no obvious reversal signs, do not add positions or act; learn to stay in cash and wait for opportunities.
Learn to operate in a rolling manner to reduce costs.
For example:
If you are stuck in ETH at 3900, and it’s now 3600,
sell a portion, wait for a pullback to 3500 to buy back, repeat the process a few times, and naturally lower your cost.
When a rebound comes, you won’t have to wait for the original price to unwind or even turn your losses into gains.
Make sure to review and summarize your experiences.
Didn’t set a stop loss? Position too heavy? Or was it an impulsive chase at high prices? Understand these issues, and you won’t get stuck next time.
Leave a comment with the coin you are stuck in and your cost price, and I will help you break down a specific plan.