BlockBeats news, October 28 - Renowned trader Killa stated that he still holds a Bitcoin long position established near $76,400, and his current trading plan remains unchanged. To capture significant market movements, one must patiently endure prolonged consolidation ranges and tedious price action. The difference between profitable and losing traders often lies in patience and the ability to stick to a predetermined plan when market sentiment shifts.
He will not move the stop-loss up to the entry price, but will continue to hold the position until the target price is reached or the stop-loss is triggered. Traders frequently changing their stance is precisely the reason many people fail in trading. The key is whether the market structure has changed and whether the trading plan needs adjustment. Currently, neither of these has changed, so he will not panic, repeatedly question himself, or waver, but will continue to execute the original strategy.
