When many friends see this pullback, the first thing they think is: if my short position can hold out a bit longer, I'll break even now. If I don't stop loss, I'm making money now? Why think this way? This kind of thinking is very dangerous. Although stop loss set too tight is easy to get stopped out, stop loss is a very important life-saving measure.

Especially when sudden news or current market movements suddenly spike up, if you dare to hold the position, you might get liquidated anytime. Even if you're lucky enough to survive a few times, just one liquidation will wipe out your entire capital and profits. So you must set stop loss, and close the position decisively when it hits. As long as you keep your principal, you won't worry about running out of ammunition #CryptoCircle#比特币站上7.5万美元