🚨🚨🚨Anti-order is like inflammation in the body. At first, you ignore it. Sometimes it heals on its own and you think it's okay. But suddenly one day, the inflammation becomes severe and can't heal itself. At that time, you only have two choices: amputation or worse.
If the order is in the wrong position and direction, the first move is to stop loss reasonably, because stop loss does not take more risks.
Hedging is really a helpless choice, that is, between amputation and worse, choose a way to survive first. But the risk of reverse hedging is also high. Once the opportunity to unlock is missed, it is easy to become a "vegetable". For example, if the short order is unlocked too late, there is no chance to unlock it when the price goes up.
After stopping loss, don't rush to enter the market again, wait at least 4 hours to calm down. Don't try it in one direction in a short period of time, such as entering more, stopping more, and then entering more, stopping loss again... The same applies to short orders. If you stop loss back and forth in one direction, it means that the direction is wrong, at least the direction of the small cycle is wrong.
What to do after stopping loss? Of course, you should wait with an empty position, and then decide whether to short the rebound or go long when the market shows a new support level.
Before that, be more patient, be more patient...
In addition, if possible, check the market every once in a while, in the morning, afternoon, daily and night lines, the market will change. When the market is not as expected, or goes in the opposite direction, it is better to admit defeat early than to hold on.
