As a senior person in the cryptocurrency circle, I have been committed to providing useful suggestions for everyone. I hope that everyone will take fewer detours and make fewer wrong orders in this market. Although I have been earnestly advising you, you still need to explore the road of investment by yourself. Learning is endless, and the experience you have learned is the real wealth!
Let's first look back at yesterday's operation details. Yesterday, the long entry point of Bitcoin and Ethereum was not reached, so we chose to do short in the range of 70000 and 70500, stop loss 70800, (stop loss out) Ethereum is arranged in the range of 3450 and 3500, stop loss 3550 (stop loss out),
Yesterday's market can be seen that the main force is unilaterally stretched, and the pressure level has been broken, so yesterday's order was stopped out. What the academician of the cryptocurrency circle wants to say is that stop loss is the initial part of our transaction, but it does not mean that we have lost the opportunity, because this is just something we will experience in our transactions, and it does not represent our Failure, so we can take this experience as an opportunity for our growth and learning, and avoid similar mistakes in the future by analyzing the reasons for stop loss and this situation.
Also, let go of emotions, because stop loss will cause disappointment, frustration, or anger and other negative emotions in some coin friends, but excessive emotions will hinder our progress, so the coin circle academician thinks we should remain rational and calm, so that we can make wise choices.
One is to review the transaction, carefully review the transaction before the stop loss, including market analysis, risk management, and whether there are specific events or factors that cause the market to rise? Through reviewing transactions, find errors and improve methods, adjust strategies, test new strategies through small transactions, and gradually implement them in real transactions, then set goals, adjust risk acceptance, profit targets, and transaction frequency, and set clear goals.
Coin circle academicians will take yesterday's stop loss as an opportunity to learn, constantly improve their trading skills, work hard to recommend, and believe in their abilities. I will always stay calm and focused,
Here, I wish my fans to achieve financial freedom in 2024, come on!
