Watching the position shrink all the way down, from the peak to now, it feels like life is just like a candlestick chart with big ups and downs. Fortunately, I decisively cut my losses at 2.3, otherwise continuing to hold would have resulted in even greater losses. This round of market movement taught me one thing: protecting the principal is much more important than greedily earning more profit. Many times, the decision to cut losses in time may look like "losing money and exiting," but in fact, it is reserving bullets for the next opportunity.
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Watching the position shrink all the way down, from the peak to now, it feels like life is just like a candlestick chart with big ups and downs. Fortunately, I decisively cut my losses at 2.3, otherwise continuing to hold would have resulted in even greater losses. This round of market movement taught me one thing: protecting the principal is much more important than greedily earning more profit. Many times, the decision to cut losses in time may look like "losing money and exiting," but in fact, it is reserving bullets for the next opportunity.