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A friend lost 20,000 yuan the day before yesterday due to the BROCCOLI714 market. He initially wanted to cut losses, but seeing the coin price continue to rise, he added another 30,000 yuan to place a reverse order. The current situation is: the opening position is at 0.04, with a liquidation line set at 0.045— is this stop-loss distance considered tight? His goal isn't high; he just wants to make 10,000 USDT profit and then close the position.
This kind of situation is quite common in trading markets. Chasing in to turn the tide is essentially betting on a short-term reversal, but price fluctuations often don't follow our script. The 5% buffer space from 0.04 to 0.045 requires mental preparation, especially for highly volatile coins like BROCCOLI714.