Are you trapped? Let's take a look
1. Locking orders and adding positions to spreads: When the direction is wrong, the market price is opposite to expectations. After the price rebounds or falls to a certain height, add positions to lock orders to ensure that the locked order position is greater than the trapped position. Earn the spread by following the trend, and finally make up for the loss and make a profit.
2. Bottom-up position method: After being trapped, wait patiently for the bottom signal of the big cycle (such as the weekly rebound signal), boldly lock the position and add positions on dips. Once the big cycle rebounds, you can get out of the trap.
3. Lowering the average price method: When you are trapped at a relative historical low, the price of the currency has a large rebound space. Keep adding positions on dips (add positions once every 15% drop), lower the average price, and wait for the price of the currency to rebound before getting out of the trap. This method is also called the pyramid method.
4. Single stop loss method: When you realize that your direction and trend are wrong and the chances are slim, you should decisively stop loss. Stop loss can prevent greater losses and retain the principal for reinvestment.
Of course, it is very important to find a teacher who is capable and responsible, because the market always changes rapidly. The right mentor can help you seize the opportunity to make money, rather than wandering on a losing platform and incurring unnecessary losses.
