Recently, the market has been fluctuating wildly, and several friends around me have said they got trapped. I've also stepped into my fair share of pits, so I’ve summarized a few tips that might help you:

Tip 1: Don't rush to cut your position. The market has its rhythm; if the capital flow allows, be patient and wait for a rebound. Remember, paper losses don’t mean real money is gone.

Tip 2: Stick to your stop-loss levels. Exit when it’s time to, without hesitation. If the price drops to your preset point, exit decisively, and wait for a rebound and stabilization before looking for opportunities to re-enter.

Tip 3: Short-term traders should exit if they sense something’s wrong. Once the trend turns bad, don’t stubbornly hold on. Taking a small loss early is better than being deeply trapped; preserve your principal first.

Tip 4: Don’t put all your eggs in one basket. Watch multiple assets and markets, and combine fundamental analysis with technical indicators to identify truly promising directions.

Getting trapped isn’t scary; what matters is how you respond. The next opportunity could come at any time, so staying alert is the most important.