Not holding onto positions, in simple terms, is a battle between greed and fear.
Many people enter the market without a clear plan, wanting to make more when profits are floating, and rushing to cut losses when they are floating in the red. The result is frequent entry and exit, ultimately being torn apart by market fluctuations. The solution is actually simple: before entering, you need to anchor two things—the judgment of the current trend, and specific prices for stop loss and take profit. Use technical patterns or fundamental signals as support, so you have a clear mind.
What is the most difficult after entering? It’s not monitoring real-time profit and loss. Many people can’t sit still when they see their account fluctuate; in fact, they should compare it with their original trading plan: Is the trend still there? Is the support level still valid? If it hasn’t broken, then hold on.
Practically speaking, small stop losses can filter out noisy signals, and taking profits in batches can ease psychological pressure. At the same time, accept a reality—that not every position will make big money. Trading isn’t about turning over assets 365 days a year; it’s about whether you can patiently hold onto that one correct move.
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Not holding onto positions, in simple terms, is a battle between greed and fear.
Many people enter the market without a clear plan, wanting to make more when profits are floating, and rushing to cut losses when they are floating in the red. The result is frequent entry and exit, ultimately being torn apart by market fluctuations. The solution is actually simple: before entering, you need to anchor two things—the judgment of the current trend, and specific prices for stop loss and take profit. Use technical patterns or fundamental signals as support, so you have a clear mind.
What is the most difficult after entering? It’s not monitoring real-time profit and loss. Many people can’t sit still when they see their account fluctuate; in fact, they should compare it with their original trading plan: Is the trend still there? Is the support level still valid? If it hasn’t broken, then hold on.
Practically speaking, small stop losses can filter out noisy signals, and taking profits in batches can ease psychological pressure. At the same time, accept a reality—that not every position will make big money. Trading isn’t about turning over assets 365 days a year; it’s about whether you can patiently hold onto that one correct move.