What should I do with ordertrapped

1. The dumbest way is to Cut Loss, which is generally not recommended because it can result in significant losses. However, if you are in a situation where you are long at the top or short at the bottom, or if the market has been consistently unfavorable, cutting losses directly can also be a good option.
2. Full Position trapped can be used to release half of the funds as circulating capital, using the profits earned to offset losses, and can also be used to lock positions with this part of the funds.
3. Locking positions. If you find that your order is placed in the wrong direction, there are two options: one is to stop loss immediately, and the other is to lock the position immediately. Locking positions requires technical skills and is generally divided into two types: 1) Equal Lock-up Position, which means making orders in the opposite direction with the same quantity, so as to maintain the current amount of loss. For example, if you are trapped in a Long position with 100 contracts, immediately make a short order of 100 contracts. Dump the short order at a low point, and pull back the Long order. In this way, the loss will be very small. However, this method has a drawback, which is that it is difficult to grasp the low and high points. 2) Locking positions by price difference (condition: the trapped position cannot exceed 15% and there must be a locked order).
After being trapped, it indicates that our judgment of the direction is wrong, and the market moves in the opposite direction to us. Wait for a Rebound or a drop to a certain height, estimate the short-term high point, and continue to increase the position to lock in order funds, ensuring that the locked order Position is greater than the order trapped Position. Through this trend-following skill, the difference in profit from locking in orders is improved, and eventually the total funds are recovered from the loss, achieving breakeven, and making a profit, then selling all.
4, don't worry about the trapped position, continue trading as usual every day. This method requires ensuring that there is enough long balance in the account. It is best to have only half of the funds trapped, and the remaining half can be used as working capital for continued operations. Compare the profits earned with the relative losses of the trapped position. If the losses are no longer trapping, you can dump and breakeven.
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