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1367W lost a million today 0320 stock review
Today’s assets are 13.67 million, down 930,000 today. The trading volume on both markets increased by 175.8 billion compared to yesterday. [Taogu Ba]
Today’s real loss, there was no rebound in the afternoon at all.
If you ask me, whether I’m afraid to cut losses now and whether the market will rebound the next trading day.
Those asking this question should think about what to do if the market continues to decline next Monday.
Although I was optimistic at noon, since the market couldn’t rebound, my only option is to cut losses.
I can’t wait until I lose from 1500 to 1200 and then regret it; I’ve already fallen below 1400.
Of course, I hope the market will rebound strongly next Monday so I can choose my position accordingly.
If it doesn’t rebound and the market remains weak, I simply won’t be able to make money.
Missing the opportunity isn’t the biggest problem; the main issue is that there’s been no market trend.
By 2:30 PM, with no rebound in sight, there’s nothing left to wait for.
It’s time to cut losses if needed; you have to pay for your ignorance.
Few people can avoid losses when constantly trading now; the real question is whether they can stop in time.
Those who can’t stop will see their drawdowns keep increasing, always hoping for a rebound.
But if the market keeps not rebounding, what should we do?
Sometimes, we need to learn from quantitative strategies: if the trend isn’t good, just sell.