I've almost lost all of my 10u, and I've learned a lot of lessons, even though they are lessons I've known for a long time, I just can't change!!!
1. Don't open a position just for the sake of opening one if you don't have a clear idea. 2. Do not increase your position arbitrarily. 3. The set stop loss must be strictly enforced. 4. Take profits when you can; don't always aim to earn more in a bigger picture, as ultimately you may end up losing it all back. 5. Do not add margin casually. 6. Do not hold onto positions; if the momentum is not right, be willing to liquidate your holdings. Don't be afraid of losses; not selling will only lead to greater losses. 7. Do not have the mindset of relying on pullbacks or rebounds. Once or twice is fine, but eventually, it will lead to the habit of holding onto positions. 8. You cannot keep opening positions continuously, as wear and tear can also be exhausting.
This experiment is a complete failure, I can't control my hands!!!
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I've almost lost all of my 10u, and I've learned a lot of lessons, even though they are lessons I've known for a long time, I just can't change!!!
1. Don't open a position just for the sake of opening one if you don't have a clear idea.
2. Do not increase your position arbitrarily.
3. The set stop loss must be strictly enforced.
4. Take profits when you can; don't always aim to earn more in a bigger picture, as ultimately you may end up losing it all back.
5. Do not add margin casually.
6. Do not hold onto positions; if the momentum is not right, be willing to liquidate your holdings. Don't be afraid of losses; not selling will only lead to greater losses.
7. Do not have the mindset of relying on pullbacks or rebounds. Once or twice is fine, but eventually, it will lead to the habit of holding onto positions.
8. You cannot keep opening positions continuously, as wear and tear can also be exhausting.
This experiment is a complete failure, I can't control my hands!!!
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