In trading, following market trends and being bold in trying is crucial. After determining the market direction, you need to control capital drawdown.
1⃣️ Take profit in a volatile market in a timely manner, reduce stop loss.
2⃣️ Avoid taking profit too early in a trending market, decisively stop loss when necessary.
The key is to protect profits, lock in gains at the right time, stop loss in the opposite direction in a timely manner, and avoid significant losses.
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