We have a saying in risk management, it is better to hear caution than to hear pity. Always keep your position with STOPLOSS on the OCO option.

How to Recover Money in a Rapid Drop?

If the market has plummeted and you’ve been left with a loss, don’t panic! Here are some smart strategies to recover your capital without panicking:

1. Take advantage of the Rebound:

After a sharp drop, most currencies tend to have a small rebound. This means that, right after the drop, the price tends to rise a little. If you sell at the low, you realize a loss. But if you wait for the rebound, you can minimize the loss.

2. Buy Low (DCA):

If the currency has fallen a lot, take advantage of the opportunity to buy lower and reduce the average price. This way, you need a smaller recovery to make a profit.

3. Don’t Take Losses on Emotion:
Selling at the bottom is the biggest mistake. Hold on, study the chart and wait for the price to resume its course. Remember: the market is volatile, but patience is key.

Golden Tip:
"Those who sell at a low lose. Those who buy at a low and wait, win!"

The market is made of cycles, and those who understand this recover what they lost!
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