Don’t make small money, don’t lose big money – a very important principle in trading
Repeated events often occur in the market. Many people sit still and wait for their positions to be liquidated when they lose money; when they make money, they always sell short and their thighs are swollen.
Start pulling Pan La in the next two days, and then give vaccinations to the brothers who hold positions; in the first half of the month, everyone was out of breath carrying monoclonal antibodies, so don’t run away today. Take profit as part of the profit stop to add positions that are not yet profitable.
If the market falls, don't rush to increase your position. It doesn't matter if you wait. The profit in the market is endless. Those who quickly increase their position in this wave of market conditions may not be out of control yet. Again, once a trend is formed, it will definitely not take one or two days, but at least half a month!
There is no need to go up as fast as it goes up. Wait a little longer. It seems that doing two more bands can save time and cost. If all positions are done in this way, it is easy to make only a small part of the profit in a big market. Let me give you another word here: the cost of trial and error is not high, but the regret of missing out is huge!
If you can turn all your positions into green this month, then this round of correction will be a positive profit for you. If you want to seize the big profits of this round of correction, you need to be precise and persistent.
Precision means slowly reducing investment channels and not holding too many currencies. Strengthen the position weights of those tokens that you are optimistic about. If there is a correction, take out the profit part to add to the position.
Durability is also easy to understand, that is, the few tokens in heavy positions should be held for as long as possible, at least until the halving cycle arrives. After the halving, there will be a correction to wait for interest rate cuts.
The above trading experience does not constitute investment advice and is for reference only!
