币圈王百亿
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After a virtual currency liquidation, here are 10 practical suggestions:
1. Psychological and Emotional Management
1. Pause Trading, Enforce Calm
Quickly close the trading software, and never act impulsively when emotions are running high. Give yourself at least a 7-day cooling-off period, during which you can use meditation or exercise to ease anxiety.
2. Face the Loss
Be brave in accepting the reality of your losses. You can write down how much you have left now and calculate how much you've lost, avoiding unrealistic fantasies.
2. In-depth Review and Analysis
1. Review Trading Records
Go through your previous trading records, count how many times you used high leverage, how long you held positions each time, and whether you properly set take-profit and stop-loss points. Many liquidation examples indicate that when leverage exceeds 5 times, the probability of not losing is less than 20%.
2. Identify Root Causes
Ask yourself why, such as whether you followed others in chasing profits? Did you misread the market? Identifying these reasons will help you know how to improve in the future.
3. Financial Reconstruction Strategy
1. Prioritize Debt Repayment
If you borrowed money to trade, repay it based on the interest rates. For example, if credit card overdraft interest is high, pay that off first, while delaying repayment of interest-free loans from friends and family to prevent accumulating more debt.
2. Increase Income
Find more ways to earn money, while doing well in your main job, also create some passive income. Ideally, save 20% of your income each month as capital for a fresh start.
4. Systematic Capability Reconstruction
1. Calculate Risks
Use simulated testing strategies to assess risk levels. For example, with 10x leverage, when the Bitcoin price fluctuates by 40%, the likelihood of liquidation is 63%.
2. Create a Trading Checklist
Before each trade, check against a checklist, such as not exceeding 3 times leverage, and not investing more than 15% of total funds in a single currency, while setting stop-loss points properly.
5. Medium and Long-term Planning
1. Enhance Knowledge Base
Spend time systematically learning financial knowledge, such as derivative pricing models; it is recommended to invest 200 hours to study diligently.
2. Cautiously Re-enter the Market
Start with using only 1% of total funds and try low leverage. If you make a profit in 10 consecutive trades, then gradually increase the investment ratio, while also ensuring to set take-profit points.
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1. Psychological and Emotional Management
1. Pause Trading, Enforce Calm
Quickly close the trading software, and never act impulsively when emotions are running high. Give yourself at least a 7-day cooling-off period, during which you can use meditation or exercise to ease anxiety.
2. Face the Loss
Be brave in accepting the reality of your losses. You can write down how much you have left now and calculate how much you've lost, avoiding unrealistic fantasies.
2. In-depth Review and Analysis
1. Review Trading Records
Go through your previous trading records, count how many times you used high leverage, how long you held positions each time, and whether you properly set take-profit and stop-loss points. Many liquidation examples indicate that when leverage exceeds 5 times, the probability of not losing is less than 20%.
2. Identify Root Causes
Ask yourself why, such as whether you followed others in chasing profits? Did you misread the market? Identifying these reasons will help you know how to improve in the future.
3. Financial Reconstruction Strategy
1. Prioritize Debt Repayment
If you borrowed money to trade, repay it based on the interest rates. For example, if credit card overdraft interest is high, pay that off first, while delaying repayment of interest-free loans from friends and family to prevent accumulating more debt.
2. Increase Income
Find more ways to earn money, while doing well in your main job, also create some passive income. Ideally, save 20% of your income each month as capital for a fresh start.
4. Systematic Capability Reconstruction
1. Calculate Risks
Use simulated testing strategies to assess risk levels. For example, with 10x leverage, when the Bitcoin price fluctuates by 40%, the likelihood of liquidation is 63%.
2. Create a Trading Checklist
Before each trade, check against a checklist, such as not exceeding 3 times leverage, and not investing more than 15% of total funds in a single currency, while setting stop-loss points properly.
5. Medium and Long-term Planning
1. Enhance Knowledge Base
Spend time systematically learning financial knowledge, such as derivative pricing models; it is recommended to invest 200 hours to study diligently.
2. Cautiously Re-enter the Market
Start with using only 1% of total funds and try low leverage. If you make a profit in 10 consecutive trades, then gradually increase the investment ratio, while also ensuring to set take-profit points.
欢迎加入：币圈王百亿财富密码群>>>
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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