💦💦Help fans successfully break free from their positions!!!
This fan reached out to me regarding the content I shared this afternoon about going long on lobster. They added me shortly after I posted it, because they were stuck and felt lost, unable to make a decision, just holding on, and reluctant to cut their losses.
Most retail investors have this mindset: they run away at the sight of profits and stubbornly hang on during losses, which ultimately leads to liquidation and total loss. We must have our own systematic trading approach; know when to hold a position, don’t be greedy for more profits, and don’t regret cutting losses when necessary. As long as we have the green mountains, we don’t fear not having firewood to burn.
This cryptocurrency, lobster, has risen so much, and the project team will definitely take the opportunity to shake off those who chase the highs while unloading their holdings. Therefore, there will certainly be a drop to flush out the short positions. Not long after saying this, it started to plummet, successfully breaking free.
Next, follow Brother Yao's strategy closely and recover those losses. Don't blindly open new positions; what is yours will still be yours, and I won't let it run away from you.