The market has too many traps; if you can't control your position, you're just waiting to die.
In the past few days, everyone should have felt it:
There are traps to lure buyers and sellers everywhere, specifically targeting stop-loss lines.
One sharp drop wipes out all stop-losses, and then the price is pulled back—this is not a coincidence; it's a method specifically designed to harvest retail investors.
So I only have two pieces of advice:
1️⃣ You must control your position
Don't think about going all in; the current market is a relentless test. If you can't handle the mentality, you'll be harvested sooner or later.
2️⃣ Set your stop-loss a bit further
Don't focus on tiny fluctuations; a stop-loss set too close is like giving away money. Let the market have some space to move, and you'll be able to survive.
3️⃣ Keep your hands steady; don't click randomly
When the market is unclear, it's better to do less than to do more. Don't get restless; just one day's fees can eat away at your capital.
Brothers, remember one thing:
The market isn't about who makes money the fastest, but about who can last the longest.
If you can endure, you have a chance to turn your position around.