This is the human nature in trading: when they are just trapped, everyone thinks they can hold on, but when the floating loss gets bigger and bigger, and the time to hold on gets longer and longer, the idea will become: God bless, as long as this order can be untied, I will run away quickly.

Bottom-picking and top-touching are not cost-effective transactions in trading. Most people will use the method of holding on without stopping losses to bottom-picking and top-touching, and the final result is a liquidation. The most important thing is that in the process of holding orders, the mental pressure of traders will be very high. Therefore, even if the market really turns after holding orders for a long time, he will not be able to make money, because he will run away as soon as the trap is untied.

This is normal human nature, so if you make a mistake, you must stop loss at the first time. Otherwise, if you don’t stop loss at the first time, you will not be able to cut your position at the second time, and the floating loss will get bigger and bigger. In this process, the trading mentality will change drastically. When you hold to the limit of psychology and funds, the real top and bottom will come out. Therefore, when you cut your position, it is either at the ceiling or the floor. Don’t think that the main force is just one leek away from you. In fact, a large number of leeks have this mentality. Even if you can hold on, you will run away as soon as the trap is lifted. It is absolutely impossible for you to have a good attitude to wait and make money.

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