Common problems that some people often encounter, let's encourage each other
1. How to determine when to stop loss in a reverse trend?
2. If an extreme market situation leads to significant floating losses, how to proceed with subsequent actions or convince oneself to cut losses?
1. Try not to take contrarian positions, doing so often leads to losses.
2. Think about stop losses before opening positions; once the order is placed, the stop loss should be set.
3. All position management and trading discipline we practice are to prevent ourselves from being in unbearable floating losses, ensuring our human nature is not in a passive state during trading. Therefore, no one can remain calm after substantial losses; this is human nature. However, we can try to avoid such situations by implementing strict stop losses and maintaining reasonable positions.
Start today's game mode, shift attention to avoid anxiety about the market; sometimes, constantly staring at it can be really irritating.