The reason for the explosion is:
The position is too heavy
The overweight position belongs to the category of excessive trading. This is the main reason for the explosion. The leverage ratio is large and the ability to resist risks is poor. His psychological evil influence is the idea of getting rich quickly and getting rich overnight.
You can't stop loss because of luck.
No stop loss: Apart from the word "pending order", the most talked about is stop loss. But many people still open positions because there is no stop loss. The reasons are psychological barriers and technical factors. Psychological barriers are mainly reflected in the existence of luck. Once the position is opened, there is no stop loss and fear of waiting. It's like tying yourself to a car that has no braking system and will overturn at any time, hoping that the price will run in the direction of opening the warehouse. But speculation is not gambling. Luck and luck can't always be with you. If you want to make a stable profit, you still have to rely on your real strength. The market has its own operating rules, and it is not transferred by anyone's will. Therefore, the bad trading habits of luck psychology should be eradicated as soon as possible in their own trading behavior, otherwise the future trouble will be endless.
Frequent entry and exit, excessive trading
Frequent entry and exit, excessive trading: some people explode positions because they are too heavy, but some people explode positions in a small amount. The reason is "frequent entry and exit, excessive trading". Psychologically speaking, there is no plan. I am eager to turn over the books, eager to place orders, and eager to place orders emotionally. In the end, I was in a bad mood and had a good chance of winning. Like a blunt knife cutting meat, I cut it bit by bit and broke my position.
Blind follow-up
Blind Follow-up There are many friends on the forum who blindly follow other people's "calling orders" without their own opinions, which leads to the explosion of positions. The reasons are: first, they are not confident in themselves, and their trading habits of listening to news are not good; second, they blindly worship the master's thoughts. Masters are market forecasters. Because of the uncertainty of speculative market, no one can predict the inflection point or market fluctuation of every important market stably, and the master is no exception.