A case study to share with you
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In the early hours of that night
My brother said he accidentally opened a contract after drinking and has been holding the order
I just gave him an internal strategy that day
SEI0.44 long position reached the target🎯0.52
I immediately opened the next position at 0.52 and closed the position immediately
Decisive
The following is a summary of this case⬇️
Without stop loss: It is equivalent to gambling indulgence**
In this transaction case, the order was opened after drinking
In the currency circle and contracts, especially in the high-leverage and high-volatility trading environment, without stop loss is equivalent to driving on the highway without wearing a seat belt, and completely relying on unpredictable market fluctuations for personal finances, life safety and even quality of life
This behavior
is a disregard for risks and blind reliance on luck
This time he obeyed and executed well
Some people don’t listen to advice at all
The order turned into a profit and finally exited at 0.52