If you stop losing one coin and then find that it has risen back, should you stick to the established take profit stop loss strategy? The stop loss strategy I set for Wojak yesterday, which resulted in a 50% loss, has now rebounded. Should I continue with this stop loss strategy? Based on personal experience, it is still necessary to adhere to the take profit and stop loss strategy, because take profit and stop loss is a principle of operation, and it is the right thing to do. In the long run, it can protect your principal from major losses. The principle of not replenishing positions after losses and adding positions after making profits has been repeatedly reminded in the group chat. I have seen many people, including many in the group, who started with only 10 SOLs and then lost money. They wanted to level the average price, so they filled their positions and were eventually trapped. Tested bottom position, prepared for a 50% loss. If a subsequent uptrend is established, it's not too late to chase after it. Referring to the previous wizard, I also lost 40% of my bottom position and left. Then I saw an uptrend, so I chased after the bottom position again and gained three times. Through Axiom, https://axiom.trade/ @Lanxing, when establishing a test bottom position, take profit and stop loss can be set. If I enter with a market value of around 500000, my minimum profit margin is 50% out of 5 times. If I enter with a market value of around 1 million, I set a 60% out of 3 times, and the stop loss is set at 50%. Meme fluctuates greatly, with up and down fluctuations of 50% being common. However, if you are wealthy and enter below a market value of 1 million, you can choose not to set a stop loss. For example, if you only sell 1 sol at a time and never set a stop loss, then if you sell 1 to 2 items per day and reach a market value of 20 million or more, you only need a 5% win rate to achieve the expected return. DNF's strategy at that time was like this. At the beginning, it lost $1000 a day, and it continued to lose for more than a month. Later, when it earned a thousand times a coin, it all came back.