Let's talk about how to get out of the trap

Having experienced two rounds of bull markets, I would like to share my experience:

There are three situations:

1. Being trapped at a high position

There are two ways to go: either you wait for the market to rebound and quickly withdraw when you see the opportunity; or you sell when the price is high and reduce your position.

Once the market changes, the trapped orders must stop loss immediately. Do not hesitate to do a reverse operation directly, buy the opposite position, and you can get some money back.

2. Being trapped at the middle price

First of all, don't be anxious, don't rush to cut your losses! The key is to see how the market will go later. Once the opportunity appears, the trapped orders can be slightly reduced.

According to the market trend and combined with technical analysis, find a good time to add some positions and slowly make up for the losses.

3. Being trapped at a low position

One word: wait!

When the market pulls back, find an opportunity to get out of the trap, or reduce the position when the price is low.

Once the market changes, the trapped orders must also stop loss quickly, don't linger.

Then do the opposite, buy the opposite, and try to make up for the previous losses.

If you don’t know how to do it, come to me directly

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