I found that 99% of the leeks have a bad habit that is fatal. Yes, it is fatal.

When the currency starts to fall, they are reluctant to sell, and always want to wait for a rebound before selling. Then today it rebounded, but they did not buy, and when it fell by two points, they did not sell. Tomorrow it rebounded and fell, and they said they had no chance to sell, and when it fell by 3 points, they did not sell. The day after tomorrow it rebounded by 1 point, and they said they would not sell until it went back up.

Now it is good, and it slowly fell by dozens of points, and all the money earned before was gone, and it was a loss. This is not the correct trading method. As long as you don't stop loss, no matter how much you have earned before, as long as you make a mistake once, it will all be gone.

I have studied that all the big Vs who are good at trading will cut when it falls, admit their mistakes immediately, and start a new game. I am the same, unless it is a super sure value investment, I dare to make up for it as it falls.

Otherwise, you must make a stop loss plan in advance before placing an order every time, otherwise it will be over if you make a mistake once, and you are not a mature trader.

Trading is a lifelong thing. If you want to survive in the market for a long time, you must get rid of this fatal bad habit and make a stop loss plan in advance every time you open an order, instead of fantasizing about "I will sell when the market rebounds" after the market falls!