About Unlocking
1. Don’t rush to cut losses
When an investment is trapped, do not rush to sell. As long as funds allow, it is possible to temporarily observe market changes. Market trends are cyclical and may present reversal opportunities. Remember, the loss before selling is only on paper and has not actually occurred.
2. Set stop-loss
Set a stop-loss bottom line for yourself. When the loss reaches this bottom line, decisively sell to stop the loss. This can prevent further losses from expanding. After stopping the loss, you can wait for the market to pull back to a better position, then re-enter the market and use new trades to make up for previous losses, or even achieve profit.
First, not mastering basic trading skills. It is repeatedly emphasized that trading must include both take-profit and stop-loss orders; the vast majority of investors do not have this habit. Investing is not speculation; it should be done rationally under the premise of controllable risks.
3. Every morning, open major financial websites, and see the operational suggestions from Jin or Zhang or Li. Following Jin’s suggestion today, if it’s wrong, turn to Zhang tomorrow; following Zhang’s suggestion tomorrow will also be wrong, and the day after you will start to hesitate. The result of hesitation has only two outcomes: one is a mistake,
4. the other is missing out! No mistake, there’s no problem following the teacher’s trades, but you need to understand why every trade is made.
The timing of entry is certainly key, but the timing of exit is even more exquisite. Choosing the right entry point is just the beginning; when to exit and harvest profits, and when to stop losses, are the key points that determine success or failure.
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