How many air force brothers have fallen in the past two days? $ETH $BTC
First survive, then talk about making money!
When first entering this field, who doesn't harbor the dream of 'quickly doubling' and plunge into the market?
However, reality is often cruel. In the eager pursuit of wealth, we often forget one crucial thing - to protect the principal.
The trading market is like a vast ocean, with opportunities rising and falling like waves, never in short supply.
But once the principal suffers a fatal loss in a certain trade, all previous profits will vanish, like a house of cards collapsing in an instant.
At this point, the importance of stop-loss becomes evident.
It is by no means a simple 'cutting losses' acceptance, but rather a 'seatbelt' for the account, a crucial 'insurance'.
Although sometimes it may seem like being 'wrongly killed' due to temporary market fluctuations, it is far better than having a position that leads to a total loss, completely losing the qualification to compete in the market.
Only by first ensuring the safety of the principal, allowing oneself to survive in the ever-changing market, can one seize the subsequent opportunities and achieve the goal of profitability.
