19. How to hold on to a profitable order when trading in cryptocurrencies

Many friends are asking me how to hold on to a profitable order when trading? In fact, this question can be understood at two levels. The simplest one is that you want to hold on to your profits. When you have this idea, you either close it or just close it. Then, because you will deliberately ask yourself how to hold on to your profits, it proves that you don’t have a deep enough understanding of some of the underlying aspects of trading. This is the first and second question. If you really want to ask yourself this question, then you have to go back to another question, that is, whether you have a complete and clear understanding of the underlying aspects of the entire trading system, that is, when you can master a complete set of trading methods and trading logic, it is fundamental. You don’t even need to think about this question, because your profits are already included or hidden in your entire trading system, including your positions, your logic of adding and reducing positions, your execution process, and some of your entry and exit techniques and signals. In other words, your techniques will tell you which one will make a profit and will hold on to the profit, and then what? In which processes will you make a profit? When will you increase your position? When will you lose money? Of course, in the process of fluctuations, your account will go from profit to loss. If it is within the reasonable range that your method can accept, then just let it speak out boldly. So many things become less deliberate.