1If the product being purchased is at a high level during a lock up, immediate stop loss must be implemented.
2If the purchased product is in the middle position, you can temporarily observe and wait based on the current situation, in order to unwind and exit, or reduce your position at high prices to reduce losses.
2If the purchased product is in a balanced oscillation trend, there is no need to immediately stop loss. Wait patiently for the product to enter a high level of oscillation cycle. Once it is released or the loss is small, it should be decisively exited.
3If the purchased product 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.
Summary
In my experience, when it comes to reducing or closing positions after being trapped, investors must be decisive in their actions, especially in a downward trend. Many investors have this kind of operational experience. After being trapped, they hope to get rid of it every day. Finally, when they get rid of it one day, they become unwilling: I have been holding it for so many days, how can I still make some money. As a result, the best opportunity to close the position was missed, and when the market entered a downturn again, it was once again trapped. In the end, he was completely hopeless, lost confidence, and cut out. This is the most taboo in a downward trend.