How to get out of a position? How does a position become trapped?

First: The wrong direction was taken. When the price is at the upper band, reduce long positions and protect capital by raising the stop-loss.

A trapped position occurs when you do not strictly follow your trading strategy in the wrong direction.
The first mistake is chasing the market in the wrong direction—buying high and selling low.

Second: Position management. Enter with a small position and avoid over-leverage. Tag 1U, then attempt to open a short at a resistance level where the price is stagnating.
Over-leverage leads to an inability to add to the position, so ensure there is enough room above the current resistance level for adding more.
Suppose the price has only moved slightly upward, then add to the position.
The second issue is poor position management: opening with a large initial position and being unable to add later.
The third reason is greed.
If you don’t take profits and reduce your position, unrealized gains are just floating profits—nothing tangible. Those profits are just illusions, like a fleeting glance.
After setting a stop-loss at the break-even point, the position remains profitable and will not show a loss. In such cases, floating losses do not occur.

These three reasons combined can lead to being trapped.

Summary:
1. Chasing the market in the wrong direction—buying high and selling low.
2. Poor position management—initially over-leveraged and unable to add later.
3. Greed—unrealized gains turn into floating losses, compounding the previous two mistakes.

How to get out:
1. If the market direction is wrong, exit near the entry price or when slightly profitable. (The optimal solution)
2. If the initial direction was correct but you got trapped due to not monitoring the market in time, consider the following:
(1) For over-leveraged positions, refer to the first point—do not add to the position. If long and trapped, approach the next support level and strictly execute one action: reduce the position or cut losses.
(2) For small positions, there are two strategies:
- Directly run away at the resistance level—keep running.
- Missed the opportunity to reduce at the current resistance; instead, add three times at the lower band to average down, then exit near the entry price once slightly profitable. Do not expect large profits afterward—avoid greed.

Profits can be left unhedged if aiming for better positions, but it is essential to set a break-even stop-loss to avoid losses. The goal is not necessarily to profit but to prevent losses.

What is the best way to get out?
1. If the market direction is wrong, close the position near the entry price (wait for the dip, as dips are inevitable) and exit to regain freedom.
2. For small positions, you can add at key levels—add three times if needed—to average down, then slightly profit or reduce at the entry price, or simply cut losses and exit.
3. An unadvisable but possible method: increase margin, average down at key levels, and repeat the optimal solution—exit near the entry price.