#止损策略 Many people, when facing losses, can manage to stop losses within a small loss of 20%. Most people can do this, but once the loss exceeds 50%, the default mindset is to add to positions because they have already lost half, and subconsciously they find it hard to accept the stop loss. At this point, the idea of adding positions can override the thinking of stopping losses. This is why many people in the cryptocurrency space can lose 80%-95% and approach zero. It's not that they can't understand the trend; it's that after incurring significant losses, they start to resist the trend. When the losses are too great, it becomes hard to stop losses at the lowest points, and they develop a mentality of luck, ultimately leading to more significant losses. They stubbornly hold on when they lose, and when they make a small profit, they rush to sell without looking at the trend or the trading volume, only focusing on their account's profit and loss ratio. What’s the result? When they lose, they lose terribly, and when they profit, they make pitiful gains. The approach should be the opposite: hold onto profits and quickly stop losses when in the red. My principle for taking profits and stopping losses is simple: take profits at 15%, and if it retreats to 10%, then take profits; if it continues to rise, hold on to let the profits run. Conversely, if it drops after buying and losses exceed 5%, decisively stop losses. As long as you can take profits at 10% and control losses at 5% each time, even if you operate 100 times with only a 50% win rate, your returns can reach 300%. Is it difficult? The difficulty lies not in the method but in whether you can conquer your own greed and fear.