About exit points, there are three key factors.
1: There must be a unified standard, whether it is a fixed take profit or a dynamic take profit that follows the trend. Only with a standard can execution be done properly.
2: One must have confidence in their own exit standards. For example, I have a fixed take profit of 3:1; when I reach that level, I close the position. I have backtested this method, and it can definitely generate profits. Orders either take profit or stop loss—there's no need to be indecisive. With such confidence, it's possible to hold on.
3: Let go of obsession. Any take profit method has its advantages and disadvantages. Fixed take profits cannot capture large movements; trend-following take profits can give back significant profits, and in a volatile market, profits are minimal. Do not demand a perfect exit method; do not fantasize about selling at the best price every time. Perfectionism is not advisable. #比特币走势观察 $BTC