The first step is to handle the following based on the position in hand:
1Investors who are slightly trapped can use the rebound market to unwind and exit, or reduce their positions when they encounter high prices;
2Investors who hold onto high positions can also take the initiative in psychological and financial aspects in the next wave of the market by reducing their positions at high points.
The second is to handle the following based on the technical status of the purchased currency:
1If the price purchased is at a high level during the lockdown, the loss must be immediately stopped.
2If the purchased price is in the middle range, you can temporarily wait and see based on the situation at that time, in order to unwind and leave the market or reduce losses when the position is high.
The third approach is to handle the following based on the trend status of the purchased currency:
1If the price of the purchased item is in an upward trend, there is no need to stop the loss. Patiently holding it for a period of time will inevitably unwind, and there may even be a possibility of significant profit.
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