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Those who cannot learn to cut losses should use a simulation cabin for desensitization, opening three trades every day, each with a stop loss. If the stop loss is hit, take a look at why it was triggered and the subsequent trend. Review and practice regularly to avoid losing everything in a hard fight. Cutting losses is the most rational trading strategy; strategies like locking positions are last resort measures.

$DOGE Reviewing today's trades, when it dropped to around 1690 I closed the short position, opened a long position at 1698 and made a small profit, then opened a short position again at the same level, with a stop loss at 1715, and then went out to have dinner with friends. After a while, I took a quick look and saw it had risen to 1707, thinking I should focus on my meal, I canceled the stop loss and opened a hedge. While eating, I glanced at it without thinking and closed the long position, leaving the short position. Although it was a small position, I could have made a profit or closed with minimal loss and then thought about getting back in, but I didn’t. Now I have incurred a loss of 70 USD, which isn’t much but is also 500 RMB, enough for a day’s expenses in a big city. Most importantly, it exposed the issues in this trade. Details determine success or failure; only by doing well can you protect your wealth when various crises and unexpected events arise. (I could have closed the loss and turned it into a profitable long position, or a small loss in the short position, but instead, I lost an additional 20 small points. If I had a larger position or if there were significant fluctuations due to special circumstances, the losses would have been magnified infinitely. It’s crucial to pay attention to details and think when trading.)

喊空了三天 吃爽了😆 还会继续跌 回调一点接回空单 想追空的就小仓位追 #加密市场回调

$ETH forgot to cancel the take profit. Went to the bathroom and took profit at 1829🥹

$ETH will continue to return later 😆

$LAYER is all self-produced and self-sold robots, and the pool is only over 2 million USD. If the dealer has a lot of chips in hand, controlling you is not a difficult task.

$ETH Someone is taking over, so there is room for decline. It has been sideways for a few days, and finally someone has come to take over. Slowly buying the dip. I see it starting with 17.

$ETH stop-loss price 1842 you continue to pull, if it hits my stop-loss, I will short at a higher position

$ETH If it dares to rise, I dare to short. Just set a stop-loss to earn a little and go to sleep. Short around 1850-1838. Stop-loss at 1876.

$ETH just pull it up and take a small wave, don't be too comfortable

$BTC does not rise to fifteen thousand each, no purchase

How come the profit chart from other platforms can't be sent out $BTC ? It's still the same old story: control the liquidation price well, and it's up to you to pull it. If you don't sell when the things in the game of passing the drum and flower reach a high point, you're a fool.

How to sell without raising $BTC ? There was a big drop yesterday. If the big players sell as well, it will exacerbate the decline. The market is in panic. Of course, they will buy back and raise it slowly to sell.

Unable to fall, if there is no one to take over, how can it fall #btc

$INIT started shorting from the beginning, felt something was off, dropped a bit, placed a stop-loss order near the opening price and ran away haha

I thought $OM was the first market

#保护您的资产 Learn to Cut Losses

Once the data is released, it will create a double explosion of long and short positions, making it easy to get stuck. A large position can easily be blown up. I will wait for the volatility to stabilize, and when it rises significantly, I will set a stop loss to short. When it drops significantly, I will also set a stop loss to go long. I won't play with the manipulative players; I'll quietly ride the waves. Entering the market at this time carries too much risk.

$ETH data is about to be released, better run away, check back in three hours, the long and short positions are being hit too hard.

$ETH Let's review last night's profit reversal. After breaking 1500, the bulls increased, and the fluctuations between 1510 and 1490 can be considered normal. I was completely out of the market, observing the situation. Later, I couldn't sleep and chatted with a friend. After a while, I opened Binance and saw it at 1537, so I felt like I opened a small short position. In a few seconds, I made ten points, and after closing the position, it went back up. Then I placed another short position, increasing my position size (I was a bit overzealous). When I was making ten points, the limit order to close didn’t go through, and then it started to surge wildly, hitting 1588 and getting liquidated. I believe the first wave of opening positions was fine; after breaking the level, a small short position at a high point was acceptable. However, the second wave of opening positions was a bit irrational because I made money in the first wave in a short time, leading me to double down on shorts, which caused profit reversal. Setting aside policy changes, I didn't set a stop-loss when I opened my position, and trading with a large position during high volatility is very dangerous. If I had waited two more minutes to close, I would have been liquidated. In a high volatility state, stop opening positions or open small positions. Don't lose your rationality when making money in high volatility trading.