How to make #交易类型入门 ? After placing an order, turn off the comment section! Others' opinions can shake your judgment: bullish remarks make you blindly confident, bearish remarks make you panic sell, ultimately turning into a 'buy high, sell low' retail investor.
Key: Your trading logic depends only on your own analysis, don't let others' chatter interfere with your decision-making.
Second, always set a stop-loss before placing an order, don’t hold onto losing positions.
Investing has risks; there are no 100% correct orders.
How important is a stop-loss? For example, if you buy cryptocurrency for $10,000 and set a stop-loss at $9,500: if it drops below, sell, and you’ll lose at most $500; if you don’t set a stop-loss and it drops to $9,000, you’ll lose $1,000, and if it drops to $8,000, you’ll lose $2,000... The longer you hold onto losses, the more you lose.
Don't do stupid things: locking in losses after they occur = putting shackles on yourself; it seems like you're locking in losses, but in fact, it makes it harder to exit the position, and you'll have to pay double fees.
Key: A stop-loss is a shield to protect your capital, it’s not about accepting losses, but about preparing for the next battle.