This time the plunge was really killing people. I don't know how many people jumped off the building. Fortunately, my contract was small this time, and I only lost the wave that NEIRO pulled at night. Now I understand why you need experience to work. You can only grow after stepping on many pits. I have summarized a few thoughts and shared them with myself and the newbies:
1. Don't play contracts, play less contracts, spot is the money to make, contracts are just icing on the cake, but more people are greedy and gamble with it, don't set stop profit and stop loss, carry orders, and finally return to zero (I only stopped loss last night because I always set Set stop loss)
2. When the spot reaches the pressure level, you must reduce your position, reduce your position, and clear your position when it reaches the target level. I used to be afraid of getting off the bus, afraid that I would not be able to get on the bus. Today, it seems that the bus will definitely come back to pick people up, so I am not afraid of not being able to get on the bus
3. Don't be fully invested. Although it is a bull market, it will rise in the medium and long term, but the mentality of a short-term sharp drop is unbearable. Take out the money from the stop profit, or place an order to buy more chips. Now I know that no matter how exaggerated the price is, it is possible to get in
I lost all the money for foot washing, and I added more principal. It is like adding all the money for meals. The currency circle is too psychological.