Before entering the investment market, please make sure that you have set a clear stop loss point and a profit reduction strategy for your transactions.

Many people only focus on profits when entering the market, but often ignore the plan of when to reduce positions and stop profits. They often simply hold on, and eventually not only lose profits, but also lose their principal.

Friends often ask me anxiously-"When will this coin rise? It's almost my liquidation price." Is it really necessary to use liquidation as a signal to stop loss?

Be sure to set a reasonable stop loss point, whether it is based on the next support level or the previous resistance level, which is much wiser than setting the stop loss point at the liquidation price. Correct stop loss setting is the core of risk management, which can help you protect capital and avoid unnecessary losses due to market fluctuations. #交易秘籍

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