Loss itself is not worth beautifying, but I am glad that in front of those accounts that are blazing hot, I have already set my stop-loss levels. This way, even if I ultimately can't hold on, the loss is kept within a controllable range. Sometimes closing a position isn't necessarily a profitable trade; accepting a loss can sometimes feel more like a victory than forcing a position. This mindset is probably the biggest gain after so many years of trading.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
10
Repost
Share
Comment
0/400
TokenomicsShaman
· 01-18 17:33
Stop-loss is really something that needs to be set in advance; otherwise, you're just waiting to be trapped. I really don't understand those guys who hold on to their positions—it's clear they've broken support levels but are still dreaming. Accepting losses can actually help you survive longer; this is the mindset of a winner.
View OriginalReply0
GateUser-40edb63b
· 01-17 15:19
Setting stop-loss orders sounds easy to say, but few can actually follow through. I admire this level of rationality.
View OriginalReply0
FloorPriceWatcher
· 01-17 07:19
Good stop-loss strategies lead to better sleep quality, and I have deep personal experience with this.
View OriginalReply0
OffchainWinner
· 01-15 23:17
Having a proper stop-loss setup truly changes your mindset; you won't be tempted or get carried away by those accounts. I have deep personal experience with this.
View OriginalReply0
DiamondHands
· 01-15 23:16
Cut meat, not love: Stop-loss is stop-bleeding, nothing to hesitate about.
View OriginalReply0
MevHunter
· 01-15 23:13
Stop-loss discipline is easy to talk about but very hard to implement, but it is truly a killer move for staying alive and exiting the market.
View OriginalReply0
liquidation_watcher
· 01-15 23:12
Talking about stop-loss is easy, but doing it is hell. However, those who can truly implement it earn money through their mindset.
View OriginalReply0
PancakeFlippa
· 01-15 23:08
Setting stop-loss is easier said than done, but your mindset is definitely worth learning from.
View OriginalReply0
ser_ngmi
· 01-15 23:05
Stop-loss is easy to talk about, but few can actually execute it. I think this is the dividing line between those who make money and those who lose money.
View OriginalReply0
SandwichDetector
· 01-15 23:03
Talking about stop-loss is easy; doing it is hard. The key is probably a mindset issue.
Loss itself is not worth beautifying, but I am glad that in front of those accounts that are blazing hot, I have already set my stop-loss levels. This way, even if I ultimately can't hold on, the loss is kept within a controllable range. Sometimes closing a position isn't necessarily a profitable trade; accepting a loss can sometimes feel more like a victory than forcing a position. This mindset is probably the biggest gain after so many years of trading.