In the cryptocurrency market, no one's analysis is 100% correct. As an analyst, I am more accurate than you, not only for technical reasons, but also because we have a good mentality and have seen many ups and downs, so we can peel off the layers of the current trend and analyze the current market with good ideas. And our advantage is that we have enough time to watch the market and always pay attention to the direction of the market. Once there is a sign of a turning point, we will make reasonable planning and make corresponding arrangements for emergencies based on the current trend.

The recent market changes are average and have been going according to my thinking. However, it is inevitable that some currency friends will be trapped in their orders. So let’s talk about it tonight. What should you do if you are trapped in an order?

The following are some ideas I have sorted out, I hope it can be helpful to all coin friends:

First: According to the holdings in hand:

1. If you are a coin user with a shallow position, you can use the rebound to get out of the position, or reduce your position when the price is high.

2. If you are a coin friend who is deeply trapped, you can make partial opening of positions when the price rises or cover your positions to lower the average price, so that you can take the psychological initiative before the market comes.

Second: According to the trend status of the purchased currency

1. If the stock you bought is in a downward trend, once the downward trend is confirmed and the trend has been formed, it is recommended to stop loss immediately, and never have illusions about gains and losses. Because sometimes any hesitation and hesitation may lead to deep traps in the future, and finally make it difficult to extricate yourself.

2. If the currency you bought is in a balanced oscillation trend, you don’t have to stop loss immediately. Wait patiently for the currency to enter the high point of the oscillation cycle. Once the loss is small, you should exit the market decisively.

3. If the currency you bought is in an upward trend, there is no need to stop loss. Just hold it patiently for a period of time, and you will definitely be able to get out of the predicament and even have the possibility of making a greater profit.

Third: Locking and unwinding (applicable when encountering a big rise or a big waterfall)

For example, if you encounter a big waterfall when opening a long position, you can open a short position in the opposite direction, with the same position, until the market stabilizes. This way, there is no risk of liquidation, and the profit from shorting offsets the loss from longing. After stabilization, sell the profitable order, and then find a suitable support to cover the position and exit safely.