In the field of trading, stop loss is a very challenging art. If you don't know how to stop loss, you are almost doomed to fail in the market. However, the process of stop loss is often accompanied by great pain, which will bring a heavy psychological burden to investors.
This is essentially a psychological game. Once you choose not to stop loss in the first transaction, it will become extremely difficult to stop loss later. Many people will fall into this dilemma: seeing that they have persisted in carrying it through before, they are lucky and think that if they hold on a little longer, the market may reverse.
This is a subtle and dangerous psychological game. When talking about risk management in the past, I always emphasized that investors must decisively take the first step of stop loss, and must not make excuses for themselves, and stop loss must be done as soon as possible. If you engage in trading, you must learn this painful "knife" and you must not have any regrets. Because if the first knife is not cut, the subsequent price will be difficult to estimate.
But sometimes, just after the stop loss is completed, the market will pull back as expected, which will make investors regret it. Many people are trapped in despair in this repeated psychological torture. The next time they trade, they will choose to continue to hold the order because of the painful stop loss experience last time, which often leads to disasters.
But the setting of stop loss points is very important. If the setting is improper and the stop loss is frequent, the funds will soon be exhausted. Trading seems simple, but once the market is unfavorable and the stop loss is wrong three times in a row, investors will fall into confusion and fear and don’t know what to do.
If the stop loss is wrong three times in a row, you should not trade blindly at this time. This is not a problem of the market, but a flaw in your own trading strategy. At this time, investors should stop, take a break, review the market carefully, and carefully analyze where they are wrong. #你看好哪一个山寨币ETF将通过? #币安Alpha上新 $BTC $XRP