Gate 2025 Year-End Community Gala 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