#数字资产市场洞察 $ETH lost 6000 dollars, how can I minimize the damage?
To be honest, being trapped is not something to be ashamed of at all. I've been trading for so many years and still fall into traps; more retail investors in the market have experienced this. The key is not whether you lose money, but how you handle it. The real money-makers are not those who have never cut losses, but those who know how to quickly withdraw when they are wrong.
There is no secret to risk management. It's just: 1. Determine the maximum loss you can tolerate; 2. Get out of the position when it's time, don't fantasize; 3. A 1:1 stop loss line is my iron rule, going further down is asking for trouble. I've seen too many people unwilling to accept losses, and as a result, they hold their positions until they directly face liquidation. I don't want to see that kind of despair again.
In response to this fan's situation, the opening of the US stock night market will actually provide opportunities. When it drops, you can look for a low point to sell. There will be an opportunity on Saturday when it hits that lowest point of 2943, and the loss won't be too terrifying. But the problem is—once a person is in a state of loss, their mindset becomes distorted. They keep thinking, "This time I can definitely recover," but end up getting deeper into trouble.
This is a psychological game. The market is not short of opportunities; it’s just that you are afraid of being hijacked by emotions.
$FOLKS $LIGHT follows the same logic. Pay attention to the risk warnings from the Gate.com platform, formulate a good exit plan, and execution is stronger than prediction.
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#数字资产市场洞察 $ETH lost 6000 dollars, how can I minimize the damage?
To be honest, being trapped is not something to be ashamed of at all. I've been trading for so many years and still fall into traps; more retail investors in the market have experienced this. The key is not whether you lose money, but how you handle it. The real money-makers are not those who have never cut losses, but those who know how to quickly withdraw when they are wrong.
There is no secret to risk management. It's just: 1. Determine the maximum loss you can tolerate; 2. Get out of the position when it's time, don't fantasize; 3. A 1:1 stop loss line is my iron rule, going further down is asking for trouble. I've seen too many people unwilling to accept losses, and as a result, they hold their positions until they directly face liquidation. I don't want to see that kind of despair again.
In response to this fan's situation, the opening of the US stock night market will actually provide opportunities. When it drops, you can look for a low point to sell. There will be an opportunity on Saturday when it hits that lowest point of 2943, and the loss won't be too terrifying. But the problem is—once a person is in a state of loss, their mindset becomes distorted. They keep thinking, "This time I can definitely recover," but end up getting deeper into trouble.
This is a psychological game. The market is not short of opportunities; it’s just that you are afraid of being hijacked by emotions.
$FOLKS $LIGHT follows the same logic. Pay attention to the risk warnings from the Gate.com platform, formulate a good exit plan, and execution is stronger than prediction.