The market for #加密市场反弹 is booming, what should you do if your short position is trapped?
Here are a few simple tricks to get out of a loss: grasp it firmly!
This is the psychology of all of you, without exception!
1. If the coin you hold keeps rising and you can't see any signs of reversal, don’t hesitate, quickly cut your losses and exit, and even consider going long. Never hold on stubbornly, otherwise, you will only fall deeper.
2. If the market is fluctuating, with the coin price going up and down, you can take advantage of the rebound to sell some at a low point and buy back at a high point, which can reduce costs.
3. When the coin price rises to about the peak, you can add to your position to lower your average cost, and when it rebounds, quickly withdraw.
4. If you are already deeply trapped, and although it is still rising, you think there will be a chance to drop back in the future, then go long, and make sure to have more long positions than short positions to earn back some losses.
When trading contracts, set your take profit and stop loss properly, don’t be too greedy, and don’t drag your feet.
Got it? If you still don’t understand, hit follow, and I will teach you step by step.