There is no god in the precious metal market, we must always face it rationally and never trust ourselves too much. So, how should investors who are trapped be unblocked?
1When trapping, according to the chart analysis, if the purchased price is at a high level, it must immediately stop losing.
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.
3If the purchased price is at a low level, there is no need to rush to stop the loss. After the purchased price stabilizes due to a decline, one should dare to replenish positions at a low level in important support positions, dilute costs, and rescue positions held at a high level in the subsequent rebound market.
4If 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.
5If the purchased price is in a balanced and fluctuating trend, there is no need to immediately stop losing. Be patient and wait for the price to enter the high level of the fluctuation cycle. Once the unwinding or loss is small, you should decisively exit the market.
6If the price you are buying is in a downward trend, once it is confirmed that the downward trend has formed, you should immediately stop losing and never have illusions about gains or losses. Any hesitation or hesitation may result in deep confinement and difficulty in extricating oneself.
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