#常见交易错误 #常见交易错误

Common Trading Mistakes: Running Away After Making a Profit, Holding On Through Losses

As a novice currently in this state, this topic resonates deeply with me, and I want to share some insights.

Usually, when I make a small profit, I quickly cash out to be safe, especially since there have been many times when my position suddenly turned into a loss due to market fluctuations. It's not that this approach is wrong, but whether to close a position should be judged based on the situation; if the trend is moving in a favorable direction, it might be worth waiting a bit longer.

The issue of holding on through losses feels more like a psychological problem, as I struggle to overcome my mental barriers. I need to convince myself to set stop-loss orders; when losses reach a certain point, it's time to cut the losses. Holding on too long is very risky, and with one careless move, I could face a liquidation. Additionally, cautiously adding to a losing position is dangerous; since I am already at a loss, adding more brings me closer to the liquidation line. I’ve tried many times before; holding on itself is not a problem, but after adding to my position a few times without improvement in the trend, I ended up getting liquidated.