$ZEC Dayan reminds friends who are making contracts to set stop-losses when opening orders‼️

#合约交易 : Learning to set stop-losses is to live longer

In this market, I have seen too many people fall due to 'holding on stubbornly,' especially newcomers. Perhaps in a volatile market, using one or two times leverage to hold on might still allow for a chance to break even, but once you encounter a one-way market—like Bitcoin falling from 97,000 to 66,000—you will realize that the so-called 'holding on' is basically a bottomless pit. At this point, what you are struggling with is not how much you can earn, but 'how long can you hold on.'

A truly mature trader's first question before opening a position is not 'how much can I earn,' but 'how much can I lose.' First, clarify how much you are willing to lose on this trade—1% of the principal, or 2%? Then, based on this bottom line, work backward to determine your stop-loss level. This is the first step of trading and the most important step.

$SIREN

Setting a stop-loss is not admitting defeat; it's leaving yourself an escape route. If the direction is wrong, decisively cut losses; if the entry point is poor, adjust and fight again. This is far wiser than being deeply trapped. After all, cutting losses is just temporary pain, while stubbornly holding on could cost you your life.

The saddest part is that many people turn their trapped positions into 'value investment.' They linger for half a month or half a year, seemingly holding firm, but in reality, they are being held captive by a wrong decision that binds their entire trading career. What you are trapped in is not just funds, but also your attention and opportunities—when new trends arise, you can only watch helplessly, unable to move.

This is the most uneconomical thing in trading: using infinite possibilities of the future to pay for past mistakes. #Cryptocurrency Survival Rules

If you still don't know how to operate, don't know how to choose coins, build positions, or take profits and stop losses, just follow Dayan. As long as you are willing to execute according to the plan and not mess around, I will accompany you to move forward steadily and gradually grow your small capital. #加密市场回调