A trading exit mechanism is essential, as the market is unpredictable. Without a pre-established exit strategy during extreme market conditions, one may fall into panic and incur significant losses. If there is a market reversal and one fails to stop losses in time, it can lead to account depletion. The exit mechanism provides a safety net; no one can always be right. At critical moments, being willing to let go, thinking ahead about the worst-case scenario, and executing stop losses are crucial to 'withdrawing safely' and avoiding liquidation. It replaces luck with rules, serving as a safety lock for trading, allowing for limited losses in exchange for sustainable trading opportunities. #币安Alpha上新
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