A must-read for unwinding!!!
The first method: You can adopt the method of not selling and not losing money. After the order is locked in, as long as it has not been sold, you cannot assume that you have lost all your money, but the premise is that you must have financial support to withstand all risks.
The second method: Use the shifting method to operate. That is, stop loss first, and then make up when it rebounds to a suitable price to reduce or flatten the loss of unwinding.
The third method: stop loss in a quick and decisive way. That is, sell all the holdings to avoid further losses due to the unilateral price. This unwinding strategy is mainly suitable for short-term investors with the purpose of speculation, because in the case of a small unilateral decline, the longer the short-term investors hold, the greater the loss will be to the investors.