Don't panic if you are stuck in a trade:

1. Don't rush to cut losses

When your investment is stuck, don't rush to sell. As long as funds allow, you can temporarily observe market changes. Market conditions are cyclical and there may be opportunities for reversal. Remember, the loss before selling is only on paper and has not actually occurred.

2. Set stop-losses for yourself

Set a bottom line for your stop-loss; when losses reach this bottom line, decisively sell to stop the loss. This can prevent further losses from expanding. After stopping the loss, you can wait for the market to correct to a better position before re-entering, using new trades to make up for previous losses, or even to achieve profits.

3. Quick exit strategy

For short-term traders, market changes are rapid. When you discover that the market trend is not favorable, you need to take swift action and timely liquidate all positions to avoid further losses. Small losses are acceptable; the key is to preserve your capital.

4. Other suggestions

Diversify investments: Avoid putting all funds into the same type or market; diversifying investments can reduce risk. Market research: In-depth study market trends and relevant data, understand changes in fundamentals and technical aspects, which helps make more informed decisions. Stay calm: Market fluctuations are normal; don’t let short-term fluctuations sway your emotions, remain calm and rational, and execute according to your plan.

If you feel anxious and really don’t know what to do at this stage, you can come talk to Mu Feng, who is dedicated to answering your questions.