Understand the techniques of releasing positions, avoid taking ten years of detours…
On Christmas Eve, while others happily celebrate the holiday, you are still racking your brains to release your positions, spending all year round locked in and out of positions, going back and forth, physically and mentally exhausted, all for what?
What does it mean to be locked in? Taking Bitcoin as an example, under normal circumstances, exceeding 2000 points, 700-800 points is considered a regular loss, a normal market fluctuation is around 1500 points, and the recent volatility has been large at around 2000 points.
Releasing positions can be active or passive, of course, this needs to be analyzed based on real-time market conditions and combined with your own capital size. Since you are locked in, it must be a deep lock, everyone thinks about releasing positions actively because human nature is greedy, and being insatiable will often backfire.
If it's a deep lock, many people are reluctant to take a loss because this involves real money. There are several methods: gradual release of positions, high selling and low buying, locking positions, and the last one is the kind of heaven and earth lock or those deeply locked over ten thousand points, which is the loss-taking method.
I hope you can understand, but do not try easily; good risk control is the first priority, and grasping every wave of market conditions is our pursuit!