The biggest mistake in my trading There is no “strict stop-l...
The biggest mistake in my trading
There is no “strict stop-loss”, causing the imprint of pain, which is unforgettable!
In my early years, I took a heavy position to buy high-quality stocks that were originally on the rise. During the financial stock crisis, stock prices declined steadily, yet I still had luck and didn't close my positions early. As a result, my profit turned into a loss, and continued to this day. It turns out that once the stock price starts a downward pattern, the trend is king, and it is necessary to sell decisively to avoid losing ground today. Too late to understand! Now I'm holding the old high-quality stocks: the price is getting worse day by day, ❤ is getting cooler day by day!
There is no “strict stop-loss”, causing the imprint of pain, which is unforgettable!
In my early years, I took a heavy position to buy high-quality stocks that were originally on the rise. During the financial stock crisis, stock prices declined steadily, yet I still had luck and didn't close my positions early. As a result, my profit turned into a loss, and continued to this day. It turns out that once the stock price starts a downward pattern, the trend is king, and it is necessary to sell decisively to avoid losing ground today. Too late to understand! Now I'm holding the old high-quality stocks: the price is getting worse day by day, ❤ is getting cooler day by day!
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