Today I have time to talk about the problem that many fans and friends had before, "profit turns to loss", how to keep the profit, including the same principle as yesterday's break-even loss.

1. Don't let profit turn into loss

First of all, we have to admit that the market is an unpredictable place. You may make a lot of money today, but it may end in a dismal situation tomorrow. Therefore, when you make a profit, you must learn to stop at the right time and don't let the profit turn into a loss.

2. Set the expected stop profit point

Before starting a transaction, there must be a complete plan. Set an expected stop profit point for yourself. This point is like your small goal. When you reach it, you will happily accept the profit, don't be greedy.

3. Dynamic stop profit point: make profit more flexible

The market is alive, and prices cannot avoid random ups and downs, so we need a more flexible strategy-dynamic stop profit point. This point will increase as your profit increases, just like your profit bodyguard, protecting your income from loss.

4. How to play the dynamic stop profit point

After reaching the expected stop profit point: don't rush to sell all, set a dynamic stop profit point first.

Profit retracement: If profits start to retrace, your dynamic stop-profit point should be set between 50-70% of the profit. In this way, even if the market reverses, you can keep most of the profit.

5. Summary

Letting profits run does not mean that you blindly pursue higher returns, but to strategically protect your profits. By setting the expected stop-profit point and the dynamic stop-profit point, you can enjoy the floating profit while avoiding the risk of profit turning into loss.

Above💵