
Options$BitMine Immersion Tech(BMNR.US) surged crazily on the night of Powell's speech, hitting a high point in one go, then plummeted after hours, leaving me devastated when I came to my senses. Rationally, seeing that it still hadn't risen much, I cut my losses. Considering that my trading strategy has always had problems, not understanding the core of stock trading and trends, continuing like this would only further increase risks and losses. So, in the early hours of Thursday, I cut losses on most of my positions and reallocated my funds. In the stock market, the more you lose, the more you want to recover, which is terrifying. Instead, you need to calmly cut losses. Only when you understand trends and know when to buy and sell will you be able to go far on this path. These days, I've been learning some price action theory, patiently waiting for a low point to re-enter.
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