I found that 99% of the leeks have a bad habit that is fatal. Yes, it is fatal.
When the currency starts to fall, they are reluctant to sell, and always want to wait for a rebound before selling.
Then today it rebounded, but I didn’t buy it, and it fell by two points, but I didn’t sell it.
Tomorrow it rebounded and fell, and they said they had no chance to sell it, and it fell by 3 points, but they didn’t sell it.
The day after tomorrow it rebounded by 1 point, and they said they wouldn’t sell it until it went back up.
Now it’s good, it slowly fell by dozens of points, and all the money they made before was gone, and they lost money.
This is not the correct trading method. As long as you don’t stop loss, no matter how much you made before, as long as you make a mistake once, it’s all gone.
I have studied that all the big Vs who are good at trading will cut when it falls, admit their mistakes immediately, and start a new game.
I am the same, unless it is a super sure value investment, and dare to make up for it as it falls.
Otherwise, you must make a stop loss plan in advance before placing an order every time, otherwise it’s all over if you make a mistake once, and this is not a mature trader.
So every time I give a coin, I have to bring a stop loss point.
Trading is a lifelong business.
If you want to survive in the market for a long time, you must change this fatal bad habit and make a stop loss plan in advance every time you open an order. Instead of fantasizing about "I will sell when it rebounds" after the decline.
I need fans, you need references. It is better to pay attention than to guess.
