Volatile market conditions lead many to get caught in a back-and-forth trap.
Here are some tips on how to get out:
1. When your position is trapped, don't rush to cut losses. As long as you still have bullets, leave them there and watch if the market trend will change. Remember, as long as you haven't sold, losses are just temporary numbers.
2. Set a bottom line for yourself; if losses reach that point, decisively exit—this is called "stop-loss." Then wait for the market to improve, pull back to a good position, and then make a quick re-entry. Re-enter new positions to recover previous losses,
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