#加密市场反弹 $BTC Common Solutions for Being Stuck in a Position!

　　The following solutions for being stuck in a position are based on the practical experience of Teacher Duan Chen over the years, and I hope they can provide some inspiration for everyone:

　　After being stuck with a position (for example, a long position), we can make the following operations based on technical analysis:

　　1. When stuck, analyze the chart; if the price level at which you bought is at a high, you must immediately cut losses.

　　2. If the price level at which you bought is at a medium level, you can observe the situation temporarily in order to seek an opportunity to exit or reduce your position at a high to minimize losses.

　　3. If the price level at which you bought is at a low level, you should not rush to cut losses. After the price stabilizes below the purchase level, you should dare to add to your position at important support levels to average down costs, and rescue the positions that are stuck at high levels during the subsequent rebound.

　　4. If the price level at which you bought is in an upward trend, you do not need to cut losses. Hold on patiently for a while; it will inevitably free you from being stuck, and there may even be a significant profit potential.

　　5. If the price level at which you bought is in a balanced oscillation trend, you also do not need to cut losses immediately. Patiently wait for the price to enter a high position in the oscillation cycle. Once you are free from being stuck or the loss is very small, you should decisively exit the position.

　　6. If the price level at which you bought is in a downward trend, once the downward trend is confirmed, you should immediately cut losses. You must not let yourself be lost in fantasies. Any hesitation or doubt may lead to being deeply stuck and hard to extricate.

　　In my experience regarding reducing positions or cutting losses after being stuck, investors must act decisively and resolutely, especially in a downward trend. Many investors have such experiences; after being stuck, they hope every day to be freed, and when the day finally comes, they become reluctant: I've held on for so long, I must make some money. As a result, they miss the best opportunity to close their positions, and when the market re-enters a downtrend, they are stuck again. Ultimately, they become completely desperate, lose confidence, and cut losses to exit. This is the most taboo in a downward trend.