In 1985, the famous psychology professor Yakos and Brammer conducted an experiment. They first asked subjects to pay $100 for tickets for a ski trip to Michigan, and then told them a few days later that a ski trip to Wisconsin was much more fun and cost only $50. So the subjects went back and bought tickets to Wisconsin.

A few days later, the professor told them: "The time of these two ski trips collided, and you can only choose one."

As a result, most people choose the more expensive ticket over the funnier and more interesting one. The explanation they gave was: if you choose the $100 one, you will only lose $50; but if you choose the $50 one, you will lose $100.

This is the famous theory of "loss aversion": When people face gains and losses, losses are more unbearable to them. Professor Yakos finally concluded: "90% of the misfortunes in life are due to unwillingness. This is the reason why many people don't know how to stop losses in time."

In fact, 90% of the losses and liquidation in the currency circle are because they like to die, so only a small number of people know how to stop losses in time, and I am one of the few.

Key element one: to be able to set up

For the paid small circle, the teacher will say in the live broadcast: "It is not a big problem to enter the market with a stop loss", "xx point is the stop loss point", "this can be considered as a stop loss now";

The industry leaders who follow will write about their investment experience: "Stop loss is a trader's last chance for self-salvation", "Never start a transaction without setting a stop loss", "Stop loss is always right, wrong Right".

What I want to say is that all the TMDs they said above are true and should be firmly remembered. But all this is tantamount to nonsense, because everyone knows that a stop loss should be set, but what everyone doesn't know is how to set a stop loss?

If the setting is close, it means that it is weak. It is the inability to grasp this period of the market, and it is the lack of confidence in this transaction;

If it is set too far, it means it is too stupid. Stop loss is to avoid greater losses, and this is to expand the already lost part;

Set a percentage stop loss, that's all fucking bullshit. I have never seen a stop loss when I reached a percentage, but what I saw was:

You will enter a state where you are entangled and the analysis is illogical;

At the same time, I will continue to go to the market to find the same opinions and conclusions as my own ideas;

Those who would never click on the official account are like life-saving straws at this moment, they are constantly being clicked, and historical articles are constantly being read.

To be honest, I came to this market to make money, not to observe discipline; as long as I can discipline myself, I will not come here to make money, but come here to cut leeks.

Let's look at a simple set of numbers:

A can earn 2,000 yuan a week, and B can earn 20,000 yuan a week. Both of them participate in the investment market.

A's stop loss is set at 2,000 yuan, which is reasonable, because it only takes one week to earn back the lost part;

B's stop loss is set at 20,000 yuan, which is reasonable, because it only takes one week;

And A's stop loss is set at 20,000 yuan,It is obviously unreasonable, because it takes too long a period to earn back the lost part;

And B's stop loss is set at 2000 yuan,so

so, The stop loss is not the point, but the stop is your own ability to control the funds.That is to say, when the loss is close to or has exceeded your control over funds, it is the best stop loss position.

Learning to set a stop loss is actually learning to understand one's own ability, learning to record one's financial situation, and learning to manage and control funds reasonably.