Some lessons only sink in after they’ve cost you.
One lesson about exiting a position:
Lots of people study how to enter the market; almost nobody seriously studies how to exit. But your returns are determined entirely by your exit. Your entry only determines whether you take part; your exit determines how much you make.
Take today’s $ETH as an example: it’s at 2,295 now, up 1.19% over 24 hours. This market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the market.
It sounds simple, but putting it into practice takes a lot of costly lessons.
More tomorrow.
#ETH #投资哲学 #交易心态 #Crypto
One lesson about exiting a position:
Lots of people study how to enter the market; almost nobody seriously studies how to exit. But your returns are determined entirely by your exit. Your entry only determines whether you take part; your exit determines how much you make.
Take today’s $ETH as an example: it’s at 2,295 now, up 1.19% over 24 hours. This market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the market.
It sounds simple, but putting it into practice takes a lot of costly lessons.
More tomorrow.
#ETH #投资哲学 #交易心态 #Crypto