Bearish traders, think about it. Suppose you are short now, and it pumps up 30 points, trapping you at 3470. You hesitate to cut losses, thinking about a stop loss at 3485. When it really hits 70, you can't bear to lose at 85, so you move it to 35. As a result, a long wick candle shoots directly above 3530. Now you're tied up. Think about it, isn't it always like this? Afraid of heights and not daring to chase rising prices, we just hold a short position and rest, eating well and sleeping well, waiting a couple of days before making a move. If you really can't hold on, take some time to understand the contract cooling-off period. If you still can't resist, go trade altcoins with a small position.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)