In trading, never hold a single order

Holding a single order means that when the transaction is unfavorable, you are unwilling to stop loss in time, but continue to hold it with a fluke mentality, hoping that the market will reverse. However, doing so often brings greater risks and losses.

Holding a single order may lead to the following adverse consequences: First, it may cause the loss to continue to expand, beyond the originally bearable range, seriously affecting the safety of funds; second, it will affect the trading mentality, making people fall into anxiety and entanglement, and it is difficult to make rational judgments; third, you may miss other better trading opportunities because the funds are occupied on the losing orders.

In order to avoid holding a single order, it is necessary to strictly implement the stop loss strategy, remain rational and calm, respect the market trend, and do not fight against the market. At the same time, we must constantly improve our trading skills and risk awareness, learn to admit mistakes and adjust in time, so that we can walk more steadily and longer on the road of trading#BTC☀ #ETH🔥🔥🔥🔥