When you’re making money, let your profits run; when you’re taking a loss, cut it strictly. Don’t hold onto losing positions. Accept the loss and move on, and strictly follow your trading discipline.

Today’s market made a big “door” move. Intraday, Xiao Ha had one loss and one small win. There’s nothing wrong with taking a loss—accept it and move on. Xiao Ha doesn’t deal in anything shady. Yesterday, I made over 4,000 points; today, I lost 1,000. Overall, it’s no big deal. The market has now broken decisively below support, especially Bitcoin—the price action is already looking wrong. I’m worried some people may still want to hold on, but all Xiao Ha can say is: holding onto losing positions never ends well. [Sweat][Sweat]

There aren’t any good opportunities to trade right now, and Xiao Ha needs to watch and think about where the market might go next. So I’ll get some rest and come back to fight another day!