The market has really taken a toll on many people these past few days. It fell 10% yesterday and rose 10% today. Trading is really difficult, very difficult. Many people suffer huge losses because they really don't know when a one-sided market will come or when there will be fluctuations.

Currently, I have a short position with an average price of 2935, and a stop-loss at 3150. If it really rises to 3150, I can only admit defeat, as a daily rise of 500 points without any correction is just too much to handle. However, if the stop-loss hasn't been triggered yet, I need to stick to my approach. In trading, you either exit with profit or exit at the stop-loss point. You shouldn't preemptively stop-loss out of fear of losing more. Many people suffer significant losses due to heavy positions and doubling down, facing liquidation if they don't stop-loss. But at least in my trading, I believe a 10% stop-loss is something everyone should be able to accept in such abnormal market conditions.
Brothers who follow my trades here, as long as there are orders, I will not sleep; everyone can rest assured. I have also seen many traders, most of them have suffered huge losses and liquidations.
When trading, you must align your actions with your knowledge. Give up when you reach the stop-loss position; if not, do not give up. #BTC