1Wrong mainstream trend, operate against the trend.
This situation is the most terrifying among all losses, but it is also the best solution. This situation often occurs when a sharp mainstream trend emerges, but one falls short and dares not chase after the opportunity. Therefore, one keeps trying to rebound in the downward trend or make corrections in the upward trend, finding local tops and bottoms when the trend is very strong. Because the direction was wrong from the beginning, the trend had already been running for a period of time after being stopped, and the mentality was always unbalanced. I always felt that the trend was going to retrace or rebound, so I didn't have the courage to take advantage of it. Reverse operation naturally resulted in continuous losses.
When dealing with this situation, it is important not to resist the trend. You cannot die by continuously stopping losses, but if the trend accelerates, it will force you to cut above the sky high or floor price. After this situation occurs, you need to calmly judge the trend and re evaluate the large form of the trend, and see where the large target position of the trend on the weekly chart should go. It is necessary to combine the form with the large cycle here, to see how much space there should be in the next large time window based on the current trend rate, and whether the large wave form supports it to run there, and whether there are important supports or pressures present there. If the big target position is accurately determined through judgment, then abandon the idea of eating callbacks and rebounds in operation, patiently wait for callbacks or rebounds to enter, and use waves to judge whether there will be a significant adjustment in the current position.
2Chasing the rise and fall inside the large box, getting slapped back and forth.