1u open position, 1u stop loss, leverage fully, trend trading, take profit when it's good
1000到1000w
--
Bearish
$PIPPIN After experiencing this painful lesson, I have realized that I must learn to cut losses. However, people are greedy and always think about waiting a little longer. If you wait too long, you won't be able to cut at all. Is there a way to avoid not cutting losses while also avoiding such losses? Yes, but I have always felt that I can't make much money. I rolled 138u to over 500u, but shorting without a stop loss instead led to increasing my position against the trend, pushing me step by step towards the abyss. Fortunately, I did not use leverage and managed to survive for now. With the market's sharp decline, this broken coin will definitely go down as well. Therefore, I will switch to the method I always wanted to do but never did before. Although I might earn less, it is very stable and I won't have to worry much about the risk of liquidation; it's just a matter of how much I earn! I also advise everyone present, those who do not learn to cut losses cannot survive in the contract market, remember, they cannot survive! Cutting losses is painful, drawdowns are common, don't let not cutting losses turn into small losses, small losses into big losses, big losses into stubborn holding, stubborn holding into liquidation. In the end, either leave this market or borrow money to continue gambling, leading to family ruin and lifelong regret.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.