This is not a bs point, it's saying I'm an sb.



From the results, selling high makes a profit, cutting losses incurs a loss, and selling high is better than cutting losses.
But from a psychological perspective, selling at a loss is more painful than cutting losses; it feels like a heart-wrenching pain, pounding the chest and stomping the feet, as if the thighs are being squeezed off.

This mainly comes from: fantasy
If I hadn't sold it back then, it would be worth XXX money now, which is enough for me to buy a XXX! Sigh! Regret!
The contrast between fantasy and reality can only be expressed through empty bravado reminiscing about the glorious past, creating an illusion that is hard to accept.

However, cutting losses generally does not affect real life, it just means that the betting amount has decreased a little.
So people only remember the experiences of selling at a loss that caused significant emotional fluctuations; relatively speaking, the experience of cutting losses is not worth mentioning to outsiders.

However, in reality
Selling out may be inevitable for me.
Because behind this is: incorrect trend judgment, lack of unity between knowledge and action, and a lack of profit-taking methods.

Some people can be very stubborn, insisting on regaining their home advantage on the same asset to prove themselves, only to turn profits into losses.

Trend judgment, look at which stage of the cycle the overall market is in, then look at the rotation of different sectors, then look at leading stocks, hot news stocks, and mid-cap stocks for a rebound.
Unity of knowledge and action; plan before trading, preset different operational methods for various situations, leave yourself a way out, and execute resolutely no matter how difficult it feels psychologically. Trade less when hungry or tired.
Take profit methods; I found that the addresses that made the most money were the ones that slowly took profits in small batches multiple times. You can learn from this and get familiar with the feeling of making money and muscle memory.

I hope everyone can meet their expectations. The above content was written by a sb, just look at it for fun.
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