Today marks the 415th day of my dynamic posting, without any interruptions. Each post is not done half-heartedly, but is carefully prepared. If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is vast, and I am small, so please follow me to avoid difficulty in finding.

Learn to master the magical Fibonacci trading method. The rise and fall of the market follow a pattern, and the key lies in mathematics. The division of the golden ratio can accurately predict the support and resistance of the market. The practical process is divided into three steps: first, select the highs and lows; second, draw the maximum limits; third, wait for key signal positions. 61.8 is the strongest reversal, 38.2 is the boundary for short-term bulls and bears, breaking through 23.6 indicates trend acceleration, and 161.8 extension captures the continuation of the market. Have you learned it?

Clearly, you have set the stop loss, so why do you always want to wait a little longer when facing a loss? Clearly, it's not yet time to take profit, so why do you always run away early? Today, we will reveal the biggest psychological disposition effect of traders. What is the disposition effect? In trading, simply put, it is the instinctive fear of losing realized profits when facing gains, leading to the choice to take profits, while when facing losses, people fantasize that the market will reverse. The result is a stubborn holding of losses, which only leads to greater losses, and this is the fundamental reason why you keep cutting profits short and letting losses run. If you want to break this situation, I can help you.

1. When opening a position, a stop loss must be set. Whether it is based on a percentage or a specific point, a concrete stop loss point needs to be established. Once the stop loss line is breached, take action immediately. Remember, what you are losing is only the cost of trial and error; do not hesitate.

2. Let the profits run. Set a trailing stop for profitable trades, taking as much as possible. If the floating profit exceeds 10%, immediately move the stop loss to the breakeven point, which protects the capital and allows the profits to run.

3. Look for the risk-reward ratio; a single profitable trade can offset three losses, and this is your trading advantage. Remember, the difference between top traders and ordinary people lies in whether they can remain as vigilant about profitable trades as they are about losing trades, and be as decisive about losing trades as they are about profitable ones. #Gate ETH 挖矿年化收益 5%#