During trading, some people believe in buying more as prices drop, while others cut losses. Which one is correct?
Buying more as prices drop indicates confidence that it will rise in the future; cutting losses, on the other hand, implies a lack of faith in its recovery and suggests it will continue to fall. A key factor here is the cycle; comparing outside of the cycle is meaningless. Short-term, swing, medium-term, long-term—only the same cycle can provide a correct comparison.
Within the same cycle, there are corresponding strategies and system patterns; under this system, analyzing whether a trade will yield profits allows one to proceed if it can, or to abandon it if it cannot. If the judgment is incorrect, one should cut losses promptly; if correct, one sells within the planned cycle.
Ultimately, the key lies in whether each operation is correct, which depends on whether you have a complete and accurate trading system!
In the past few days, I have been preparing for the launch of a great trading opportunity!!!
Comment 168 to get on board!!!
Inconstancy brings inconstancy brings inconstancy brings inconstancy!!!
Important things must be said three times!!!
