If you want to increase it, admit your defeat. If you cannot admit defeat, consider another method
If you want to increase, it’s faster to admit the loss
It’s a quick way to acknowledge losses
This is easy to understand if you’re following the trend
You just need to change the direction of the follow-the-trend
But you just can’t admit a loss
It also depends on the logic
Follow-the-trend is a logic that makes it easier to admit losses
Counter-trend tends to be a logic where admitting losses is harder
I think this is mainly a matter of intuition, etc.
If you can’t admit a loss, it’s recommended to consider other methods
This is about “incorporating hedging to make a profit while losses are small and then offsetting them later,”
such as after gaining profits through hedging elements or multiple positions, and then offsetting the losses,
there are ways if you can’t admit a loss
When you can’t admit a loss, many times you’re doing averaging down, so
switch to a single-shot trade
or even use a trailing stop loss in the trend-following approach
I think it’s better to make some change and tackle it
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