NAVは1ドルです。

unfortunately I have been losing Hongbao money in the recent sell down instead of making my hongbao money 😭😭

write down your losses and gain it back at the next rally

we all know to buy low and sell high. the tricky part is that most of us tend to not sell when it goes low or sell too fast when it goes high. so how should one overcome that.
start off with a comfortable and reachable rule like cut loss at 10% drop or take profit at 15% gain. revise along the way. only with rules, the house (u) will win. of course, it might not work sometimes but u decide on the formula