Should I hold the order or not?
When I was just trapped, everyone thought that they could hold it, but when the floating loss became bigger and bigger, and the time of holding it became longer and longer, the idea would become: God bless me, as long as this order can be untied, I will run away.
Bottom-picking and top-touching are not cost-effective transactions in trading. Most people will use the method of holding the order without stopping the loss to bottom-picking and top-touching, and the final result is a liquidation. The most important thing is that in the process of holding the order, the mental pressure of the trader will be very high. Therefore, even if the market really turns after holding the order for a long time, he will not make money, because he will run away as soon as the trap is untied.
This is normal human nature. If you don't stop the loss at the first time, you will not be able to cut the position at the second time, and the floating loss will become larger and larger. 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 the position, it is either at the ceiling or the floor. Don't think that the main force is just a 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 you are released. It is absolutely impossible to have a good mentality to wait for money.
Many people think that only operations can make money. In fact, the key to making money is not to operate, wait patiently, and hold on patiently if there is profit after opening a position. Operation can bring the pleasure of feedback, while waiting is very anti-human.
People who want to catch everything can't catch anything. Do you have any interesting experience of holding orders?
