The perception of position management: The most useful tool for ordinary people to improve their winning rate or even not lose money.

We say that there are three limiting factors in investment: the size of money, the time limit for the use of money, and the wisdom behind the money.

Among these three points, good position management can extend the time limit for the use of money to permanent. For example: for uncertain coins/memes, you invest one thousandth of the position, or one percent of the position. Then you can completely ignore the fluctuations in the middle.

Because of greed, I always took a relatively large position when some targets were at a low level, and the result was that I was thrown off the bus before the target skyrocketed.

However, since I have regarded position management as a very important factor, I have hardly lost money.

Because it is already at a low level and it is a small position, the loss can be ignored. But the result is that the return is not large.

But in fact, it is not small, after all, the increase in meme is still quite good. This is actually a psychological construction. Don't think about getting rich and quitting the circle in one breath, but take it slowly.