Then I discovered that some of you are in a situation where you don't know how to handle situations, more precisely, you don't know how to manage orders, due to not having a trading plan, in short, lacking a clear and consistent trading system. The 3 keywords that you must have soon are: 'trading system', 'capital management', and 'psychological management'.
The above 3 should be learned gradually, for now, I will help you handle situations when you have identified the overall trend.
For example, if the view is bullish (if bearish, do the opposite)
1. If anyone has an order from below but has run out of money, then they should just watch or find more money to add to the order at important levels in a smaller timeframe, for example, if someone has a bullish Week view, then add in the Daily or 4h, 1h at levels like old highs, old lows, key levels, or some support and resistance if you know technical analysis.
2. If you don't have an order, then you need to divide your capital, enter at the current price, and there are 2 cases here: if the price goes up right away, then do like case 1, if it drops deep (like the peak chasing as mentioned by another), then use the remaining money to DCA at important levels. Those who follow the range should choose important price levels, while those who follow timing or cycles should enter after 2-3 red candles.
3. This type is the most dangerous, where the price goes up but still likes to open sell orders; it's still okay, but you should use a volume smaller than half of normal, strictly adhere to SL and TP (TP should be set slightly lower than usual). In my opinion, these people should first change that way of thinking; otherwise, in the long run, they will just lose again. The mindset should be: if you anticipate a price increase, only look for buy orders. If the price decreases, look for sell orders, and do not do the opposite, mixing buy and sell.
4. If you are holding a sell order that is floating, you are the most exhausted.