Tips for getting out of trouble
Strategy 1: Wait and see, hold the currency and wait. Don't panic if the order is stuck. As long as you don't sell, the book loss is not a foregone conclusion. The key is to prepare enough funds, withstand the wind and waves, and wait for a turnaround.
Strategy 2: Flexible position change, buy on dips. Set a stop loss point and leave the market decisively first, wait for the price to pull back to a favorable range, and then replenish the position in time to balance the loss and get out of trouble cleverly.
Strategy 3: Decisive meat, quick battle and quick decision. For short-term speculation, it is a good idea to quickly clear the position in the face of a unilateral decline. Delay will only make the loss snowball bigger and bigger. Stop loss in time and protect the principal.
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