Nothing much to say today, so let’s talk about something else.
Here’s a lesson about holding onto losing positions:
The essence of holding on is being unwilling to admit you were wrong. But the market doesn’t care about your pride—it just keeps making the cost higher. The first stop-loss is the cheapest; every one after that costs more.
Take today’s $NEAR as an example: it’s at 3.8430 now, down 5.53% over 24 hours. This market action is a perfect illustration of the lesson above. It’s no coincidence—it’s human nature repeating itself in the charts.
Between knowing and doing lie several liquidations.
Make a note of it and compare later.
#NEAR #投资哲学 #交易心态 #Crypto
Here’s a lesson about holding onto losing positions:
The essence of holding on is being unwilling to admit you were wrong. But the market doesn’t care about your pride—it just keeps making the cost higher. The first stop-loss is the cheapest; every one after that costs more.
Take today’s $NEAR as an example: it’s at 3.8430 now, down 5.53% over 24 hours. This market action is a perfect illustration of the lesson above. It’s no coincidence—it’s human nature repeating itself in the charts.
Between knowing and doing lie several liquidations.
Make a note of it and compare later.
#NEAR #投资哲学 #交易心态 #Crypto