In the past few days, the unreliable Han Dan has appeared again. Brothers, I need to stay calm, recently the market has been quite sluggish, and I estimate that many of you have been left dazed and confused. However, sometimes we need to calm down and think. There is a saying that goes: buy when no one is asking and sell when there is a lot of noise. So when you are truly in confusion, you must not rush to act. In fact, in this trading market, the ones who lose the most are these three types of people. Today, I am here to share this with you, hoping it can help some people.
I hope to give you something!
I hope to ring a bell for some confused people!
The first type of person: is someone who relies on feelings, heavily investing in spot trading without any stop-loss measures. People like this can easily get trapped in bad trades!
The second type of person: is someone who uses high leverage with a full position, also without stop-loss. The truth is, people like this can win ten or even a hundred times, but just one loss can wipe them out!
The third type of person: is someone who makes profits but refuses to exit when losing, stubbornly holding on. People like this are essentially leverage addicts; they always like to go against the market based on their feelings. They do not understand what it means to follow the trend; they always prefer to swim against the current, right?
Among these three types of people, I dare say that in this trading market, they will definitely not have a good ending!
So when you feel lost, after calming down, analyze it. Trading involves both gains and losses; we cannot expect to profit on every single trade, can we? Therefore, we must broaden our perspective and look for long-term gains, for example, judging based on a month or a week—looking at larger time frames, rather than worrying about the profit or loss of one or two trades. Therefore, we must manage our positions well; avoiding risks is the primary rule for a qualified trader, and this point must be remembered!
That's all for my personal sharing!
If you identify with any of the three types, feel free to share your thoughts in the comments. Let's move forward together.
Today's focus on cryptocurrencies: ORCA FARM ZRO ACX BANANA
