There is a saying that goes: a good hunter is not a marksman, but a patient hunter. But some people also believe that perseverance is irrelevant. If the system itself has problems, persistence will only make you lose more and more. So whether it is short-term or medium to long-term trading, whether it is manual subjective trading or programmed trading, it may encounter the problem of system "failure". So what should be done when entering a continuous loss state?
In fact, in such a situation, one should stop first, exit the position in the wrong direction in a timely manner, allow oneself a period of time to adjust their thinking, and then decide whether to reverse the operation. This is the same thing as turning around while driving, there is no buffering process and a sudden turn around is inevitable.
The situation of continuous losses varies, and the methods of dealing with them also vary. However, one thing is the same: never let losses ruin your mentality at any time. We can lose money, but we cannot lose heart. Once our psychological defense line is disrupted, you have no countermeasures in any situation, and the result is that we are stuck in a quagmire, and the more we struggle, the more losses we will incur. How can we avoid any problems with our psychological defense line? The prerequisite is to strictly manage our funds in any operation, because as long as we manage our funds well, continuous losses may cause significant losses to your funds, but it will not affect your combat effectiveness. A disastrous loss in a heavy position may result in a long-term inability to recover.
The most terrifying thing in the market is not the lack of market conditions, not the lack of opportunities, but the confusion and disorderly placing of orders. A person who doesn't know where to go is facing in the opposite direction, and the wind blowing in any direction will be against the wind!同样不懂交易的人,不管做多做空,行情一旦波动,就是无妄之灾!这里没有华丽的语言,只有实实在在的交易,以及明明郎朗的操作。