Getting stuck is common, especially when the market is volatile. In the face of different stuck situations, you can take the following countermeasures:
Stuck at a high position
After being stuck at a high position, there are two strategies to choose from:
Waiting for a rebound: Pay attention to whether there are signs of a market rebound, and exit in a timely manner when prices rise to reduce losses.
Partial position reduction: You can sell part of your assets to lower your position and alleviate losses. If the market changes suddenly, you must decisively stop losses to prevent further losses, and consider short selling to hedge against losses.
Stuck at a medium position
If you are stuck at a medium price, do not rush to cut losses. You need to calmly observe the market trends and patiently wait for the right moment to reduce or increase your position. Use technical analysis to find support levels and rebound points, and adjust your position accordingly, aiming to recover losses during market rebounds.
Stuck at a low position
If you are stuck at a low position, you need to have enough patience. Take the opportunity of market corrections to find chances to break free, or appropriately reduce your position at low prices; do not blindly increase your position at low levels. Patiently wait for the market to recover and reduce risks through reasonable position adjustments.
Whether stuck at a high, medium, or low position, the key is to flexibly adjust strategies based on the actual market trends. When the market trend changes, you should stop losses in a timely manner and reverse operations appropriately to reduce losses and compensate for deficits, that's how it is.
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