Many friends probably got caught in this wave of the market. Watching the hope of recovery fade more and more, the account is still bleeding slowly. Sometimes you really have to think clearly: keep holding on and risking liquidation, or face the possibility of being wiped out?
This is the most painful part of trading. Knowing the importance of stop-loss but just can't bring yourself to do it in practice. Always thinking to wait a bit longer, maybe the next rebound will bring you back to break-even. But the more you wait, the higher the leverage ratio on your account becomes, and the risk exposure keeps expanding.
Honestly, at this stage, instead of praying for a miracle, it's better to seriously assess your risk tolerance. Once liquidation happens, there's no turning back. Some lessons must be learned well.
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AlwaysMissingTops
· 8h ago
Really, I've seen too many people stubbornly stick to this routine, and in the end, they all end up badly.
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MetaverseLandlord
· 12-18 21:33
Stubbornly holding on is really a terminal illness; I've seen too many people pass away just like that.
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HallucinationGrower
· 12-18 00:50
Here we go again, no matter how nicely you put it, it's all just a matter of attitude.
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UncleLiquidation
· 12-18 00:50
Sticking to this old approach should have been abandoned long ago. Accounts are bleeding, yet you're still dreaming of a rebound. If this mindset doesn't change, you'll eventually drown.
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SilentObserver
· 12-18 00:49
It's the same story again. Saying "stop loss" is easy, but when the account lights up red, who can cut losses?
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CommunityJanitor
· 12-18 00:45
I knew it, stubbornly sticking to this routine always ends in a bloody lesson.
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SchroedingersFrontrun
· 12-18 00:39
Stop loss is really easier said than done, I am the kind of person who knows that I want to cut meat but is still reluctant, and as a result, the account blood bar is getting shorter and shorter
Many friends probably got caught in this wave of the market. Watching the hope of recovery fade more and more, the account is still bleeding slowly. Sometimes you really have to think clearly: keep holding on and risking liquidation, or face the possibility of being wiped out?
This is the most painful part of trading. Knowing the importance of stop-loss but just can't bring yourself to do it in practice. Always thinking to wait a bit longer, maybe the next rebound will bring you back to break-even. But the more you wait, the higher the leverage ratio on your account becomes, and the risk exposure keeps expanding.
Honestly, at this stage, instead of praying for a miracle, it's better to seriously assess your risk tolerance. Once liquidation happens, there's no turning back. Some lessons must be learned well.