I came across an old saying and suddenly saw how well it applied to today's market.
There's a lesson about the urge to win back your losses:
Every attempt to make it all back in one go ends up losing even more. After a loss, the best thing to do is reduce your position, not increase it. This counterintuitive move is what separates seasoned traders from beginners.
The market won't go easy on you just because you understand the principles.
When it's time to wait, you have to wait.
#BTC #投资哲学 #交易心态 #Crypto
There's a lesson about the urge to win back your losses:
Every attempt to make it all back in one go ends up losing even more. After a loss, the best thing to do is reduce your position, not increase it. This counterintuitive move is what separates seasoned traders from beginners.
The market won't go easy on you just because you understand the principles.
When it's time to wait, you have to wait.
#BTC #投资哲学 #交易心态 #Crypto