Online unwinding strategy
Unwinding is a technical job, which requires accurate prediction of the market, combined with lock-up, increase-position and other operations, in order to achieve a turnaround. Deeply trapped often comes from not setting stop loss, or ignoring market changes, misjudging the rebound/fall time of the market. Here are some practical unwinding methods.
First, respond flexibly according to the position status:
1. For those who are slightly trapped, you can seize the rebound opportunity to exit, or reduce positions at highs to reduce losses.
2. For those who are trapped at high positions, you should consider reducing positions at highs to prepare psychologically and financially for the next wave of market conditions.
Second, make decisions based on the technical status at the time of purchase:
1. If the purchase price is at a high level, you should decisively stop loss to avoid further losses.
2. For those who buy at a medium level, you can wait and see for a while, waiting for unwinding or reducing positions at highs.
3. Buyers at low positions do not need to rush to stop losses. After the market stabilizes, they can cover their positions at important support levels to dilute costs and wait for a rebound to get out of the trap.
In addition, formulate strategies based on market trends:
1. In an upward trend, hold on patiently and do not rush to stop losses. This often leads to a release of the trap or even a profit.
2. In a balanced oscillating trend, wait patiently for a high-level release or exit when the loss is small.
3. After the downward/upward trend is confirmed, stop losses immediately to avoid being deeply trapped.
When reducing or cutting positions, investors need to act decisively, especially in a downward trend. Do not miss the best time to close positions due to hesitation. However, getting out of the trap is only a passive response. What is more important is to improve analytical skills and trading levels to reduce the number of times you are trapped. Investors should focus their energy before being trapped and keep their funds and mentality active.
In short, if you are not trapped, you do not need to get out of the trap. Improving investment level is the fundamental way to avoid being deeply trapped. $BTC $ETH #大A香还是大饼香 #加密市场急跌 #伊朗导弹袭击以色列 #Bitwise申请XRPETF #9月小非农数据高于预期