Zhikun briefly talks about the mentality of currency circle
The following are all real-life personal experiences, and I summarize them to warn currency friends about the risks.
Summarize your own experience, when we encounter a unilateral falling market when we are long quilted
To achieve "three no's, two do's"
① If you don’t resist orders, when encountering unilateral market conditions, it is easy for both the pie and the pie to fall by 4, 5 points or more, and altcoins will experience greater fluctuations.
If we have multiple orders, we are trapped by 40-50%. Personal experience is that we must add margin to resist. If we judge the direction wrong, we will admit our mistakes. Maybe we resisted 9 out of 10 orders, but you resisted us, but if there is a big drop, It means clearing our account to zero
② Don’t place an order. Many of us will be impatient and irritated after seeing that we have been trapped. At this time, remember to blindly place an order and control your own heart and hands. When we are irritable, I don’t know if everyone has noticed that they have. Sometimes you open one order and cover another. After a bad start, many subsequent orders will be trapped or closed. When encountering extreme market conditions, it is recommended to maintain your mentality, prepare your existing positions, and strive to close the position or reduce losses by doing a T
③Never recharge! ! !
Don't think about continuing to deposit money when you are losing money. On the contrary, we should transfer the funds in the trading account to your personal account.
Two essentials
① You must know how to stop loss. Funds are unlimited in the currency circle. You often don’t know how deep the correction will be. When we place an order, we must know how to stop loss and control the position, so that we can control the return of our account in the market fluctuations. withdraw
② To control greed, this is a big one, so I won’t share it one by one today.
I hope my friends have a happy investment
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