When the unrealized losses of account #数字货币市场回升 break 2000U, many people's first reaction is to panic. I have seen too many operations like this: the more it falls, the more they increase the position to try to lower the cost, resulting in a heavier position, and in the end, there is no chance to turn things around.
In fact, resolving a position is not about luck; it's about the framework.
My own approach is very simple - first, insure the account: set a hard stop-loss line. This is not giving up, but leaving a way out for myself. Small losses can be tolerated, but don't jump into big pits.
Then focus on making waves. Don't stare at those meme coins that rise 50% in a day. For mainstream varieties like BTC and ETH, the signals for support and resistance are actually very clear. Reduce a little at high positions and buy back at low positions, and the cost will naturally average down. I previously handled a case where I started from 2000U deeply trapped, relying on this logic, after three weeks, it went from deep red on the account to turning green.
The key is that every operation must have a basis. It's not about entering just because the candlestick chart looks good, but rather waiting for signals: add more when the support level stabilizes, and do not chase if the resistance level is not broken.
When the market is highly volatile, it's about who remains calmer. Recently, Pippin, TRADOOR, and M have shown significant fluctuations, but opportunities are also present within them.
Patience and discipline are always more effective than acting rashly. First, recover the principal, then talk about making money.
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Ser_This_Is_A_Casino
· 8h ago
Well said, really. I used to ignore the stop loss line, and now my account is repeatedly validating the same mistake.
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ZenChainWalker
· 11h ago
You're absolutely right, the more it falls, the more you increase the position, it's just jumping into a trap.
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The stop loss line has really saved me several times; those who don't set it are long gone.
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Swing trading is indeed much more reliable than chasing hot coins; discipline is crucial.
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The case of being deeply trapped with 2000U turning red is a bit extreme; can you share the details on how it was operated?
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The key is still signals, not feelings; I accept this.
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TRADOOR has indeed been fluctuating a lot recently, but I'm still observing and will wait for the support level to act.
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The word "calm" is really worth ten thousand dollars; how many people have lost money because of panic?
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I like the concept of insurance; it sounds much better than any stop loss.
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In three weeks, from deep red to turning green, the framework is indeed key.
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Are the signals for BTC and ETH clear? Recently, I'm not quite sure where the resistance level is.
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SleepyArbCat
· 11h ago
Hmm... the term stop loss sounds good, but when it comes to execution, I always want to wait a bit longer... However, your swing trading logic is indeed clear-headed, much better than those All in meme coins.
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TaxEvader
· 11h ago
You're right, if the mindset is blown, it's all over; the key is to have discipline.
When the unrealized losses of account #数字货币市场回升 break 2000U, many people's first reaction is to panic. I have seen too many operations like this: the more it falls, the more they increase the position to try to lower the cost, resulting in a heavier position, and in the end, there is no chance to turn things around.
In fact, resolving a position is not about luck; it's about the framework.
My own approach is very simple - first, insure the account: set a hard stop-loss line. This is not giving up, but leaving a way out for myself. Small losses can be tolerated, but don't jump into big pits.
Then focus on making waves. Don't stare at those meme coins that rise 50% in a day. For mainstream varieties like BTC and ETH, the signals for support and resistance are actually very clear. Reduce a little at high positions and buy back at low positions, and the cost will naturally average down. I previously handled a case where I started from 2000U deeply trapped, relying on this logic, after three weeks, it went from deep red on the account to turning green.
The key is that every operation must have a basis. It's not about entering just because the candlestick chart looks good, but rather waiting for signals: add more when the support level stabilizes, and do not chase if the resistance level is not broken.
When the market is highly volatile, it's about who remains calmer. Recently, Pippin, TRADOOR, and M have shown significant fluctuations, but opportunities are also present within them.
Patience and discipline are always more effective than acting rashly. First, recover the principal, then talk about making money.