Among the clients I work with, some have made profits and even turned over their positions, and some have lost money, but there has never been a violent explosion, and there are very few who are locked in.
Because every time before making a move, I will remind them that you can ignore the operation suggestions, but you must strictly follow the stop loss! Over time, they have developed a good habit of setting stop losses.
Why does the lock exist? The main reason lies in you. You know that you are in the wrong direction but you still deceive yourself, and you make a move without a stop loss.
Locking is the biggest taboo in investment and also a form of escape. If the direction is wrong, you must strictly follow the stop loss. The situation is fleeting, so you must make decisive decisions to minimize losses.
Why do people always get stuck? There is only one reason: you did not set a stop loss when making a move! The best way to avoid being trapped is to strictly follow the stop loss, and you should not make a move without a stop loss, so that you can develop a good habit of making a move.
Because every time before making a move, I will remind them that you can ignore the operation suggestions, but you must strictly follow the stop loss! Over time, they have developed a good habit of setting stop losses.
Why does the lock exist? The main reason lies in you. You know that you are in the wrong direction but you still deceive yourself, and you make a move without a stop loss.
Locking is the biggest taboo in investment and also a form of escape. If the direction is wrong, you must strictly follow the stop loss. The situation is fleeting, so you must make decisive decisions to minimize losses.
Why do people always get stuck? There is only one reason: you did not set a stop loss when making a move! The best way to avoid being trapped is to strictly follow the stop loss, and you should not make a move without a stop loss, so that you can develop a good habit of making a move.