The large pancake just returned to 70,000 at Yongle, and here I also took a big tumble with a loss on a trade. There are profits and losses; that's what trading is all about! However, it is important to emphasize that when you make a profit, you should learn to reduce your position to protect your capital and set profit targets. When you incur a loss, you must strictly adhere to your stop-loss and not think about holding onto the position.

Here, I want to emphasize the stop-loss again. The meaning of a stop-loss is to minimize losses. In my personal opinion, minimizing losses is equivalent to making a profit. If the market moves against you and you keep holding on without setting a stop-loss, the money in your wallet 💰 will significantly decrease, your mindset will also be affected, and it will impact your future trades.

You should use stop-losses reasonably: 1. Learn to manage stop-loss risk; the risk of a single trade should not exceed 2% of your capital. 2. Learn to review and optimize records; document the reasons for your stop-loss in each trade and regularly analyze your win rate and profit-loss ratio. 3. In a volatile market, learn to combine trend analysis to adjust your stop-loss strategy.

Trading must be done steadily; if you want to achieve success overnight, then I'm sorry, a left turn out the door to gambling might suit you better! Follow Yongle for daily analysis, insights, and strategies! $BTC #跟单躺赢