I’m not watching the news about the local bank crisis. Because I don’t want to have excessive fear.
- Never predict a rebound.
- I don’t make additional deposits.
Currently I’m buying and selling with only a fraction of the seed. If I don’t make additional deposits, I can finish the worst case scenario with losing all my current maritime account deposits.
The VIX is already close to 30. So there’s nothing strange about an additional bigger crash. If I lost it this morning, I would have finished with about 4,000 losses. I could have rallied. Consequential story. There’s still a chance of a rebound now.
Like divisive buying, it’s divisive. If you cut it at once, you risk taking your position right away. This leads to a brainstorm.
If you are not confident about not holding a position at all after breaking up, it is the way to keep your position by cutting it into segments little by little.
If all positions are lost within today. Stop selling there. Thinking of wrapping up this week.
What I need to do now is not make up for the losses. The losses have already occurred. I need to take them in. What I need to do now is control my mind.
The most important thing is to protect what you have!!
My main enemy now is “brain trading.” Brain trading is when you turn your mind around, make additional deposits, make excessive bets, and be dominated by anger or fear. I’ve experienced that many times. I’ve lost 300 million won a day. As long as that doesn’t happen.
Never brainstorming. If everyone gets knocked off and the position is lost, then accept defeat as it is. It’s my job.
In other words, it is my job to accept defeat.