Once again hit by a black swan event. If you already know the market is bearish, don't assume that entry points are at the bottom, and don't think that holding a position will recover your losses. It will only cause further declines and lead to a margin call. Make sure to set your stop-loss levels properly. Don't open multiple positions without clarity; even if you enter your first position, adding more might cause you to miss the optimal timing. If you're unsure, don't add. Wait until the decline truly stops before adding to your position in one go. Always ensure your position size is safe. Once the direction is clear, hold confidently, but always have a stop-loss and add to your position if needed. If the support breaks, exit immediately. Because you never know if the rebound after the decline or the trend continuation will be enough to recover your losses and turn a profit in one move.
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Once again hit by a black swan event. If you already know the market is bearish, don't assume that entry points are at the bottom, and don't think that holding a position will recover your losses. It will only cause further declines and lead to a margin call. Make sure to set your stop-loss levels properly. Don't open multiple positions without clarity; even if you enter your first position, adding more might cause you to miss the optimal timing. If you're unsure, don't add. Wait until the decline truly stops before adding to your position in one go. Always ensure your position size is safe. Once the direction is clear, hold confidently, but always have a stop-loss and add to your position if needed. If the support breaks, exit immediately. Because you never know if the rebound after the decline or the trend continuation will be enough to recover your losses and turn a profit in one move.