The second step is to perform the following processing based on the technical status of the purchased currency:
1If the purchased currency is at a high level when trapped, it must immediately stop losing.
2If the currency being purchased is in the middle position, one can temporarily wait and see based on the situation at the time, in order to unwind and leave the market or reduce losses by reducing positions at high points.
The third step is to perform the following processing based on the trend state of the purchased currency:
1If the currency being purchased is on an upward trend, there is no need to stop loss. If you hold it patiently for a period of time, it will inevitably be released, and there may even be a possibility of significant profits.
3If the currency being purchased is in a downward trend, once it is confirmed that the downward trend has formed, immediate stop loss should be implemented, and one should never have illusions about gains and losses. Any hesitation or hesitation can lead to a deep trap that is difficult to extricate oneself from.