It's said that cognition determines success or failure. In this circle, however, it's the position that determines the view. Those who hold positions will naturally be bullish. Those who miss out will naturally be bearish.
In reality, those who dare not short at high positions and those who dare not go long at low positions are the same group!
In this highly speculative and high-risk market, you come here seeking stable returns? Isn't that like an old man eating arsenic, wanting to live longer?
When you have a view on the top and the bottom, you will naturally preset your expectations according to that situation. If you guess right, nothing happens; if you guess wrong, it's a disaster.
If you remove the notion of tops and bottoms and change it to fluctuations, doesn't that make you feel much more at ease? It shows the importance of going with the trend!
Many people love to lick blood on the edge of a knife, going short at highs and going long at lows. Perhaps you've succeeded 99 times, but if you get it wrong just once, and go too deep, your tongue might get cut off by the knife, and you'll be collecting disability benefits in your next life.
When it rains, it pours; when a daughter marries, she goes.
What should drop won't stop dropping because of your greed.
What should soar won't stop soaring because of your prayers.
Since we can't control this situation, we shouldn't demand a 100% win rate from ourselves. That is unethical.
Since it really has dropped, then take action to protect your capital and exit. Even if you miss the selling opportunity later, as long as you are following your trading system, it is correct. Because only strong rule execution is your safety belt. $BTC
