You can survive nine times, but it only takes one time to get back to zero
Many people summarize their accounts as being liquidated because they made wrong judgments. In fact, it does not depend on whether you make right or wrong judgments. You cannot always be right and you are wrong most of the time.
The main reason for liquidation is not setting a stop loss. Maybe after setting a stop loss several times, you find that it is useless, so you don’t set a stop loss next time. You also find that you can resist the order most of the time, which makes you more convinced that it is right to resist the order. But there will always be a time when you can’t resist it, such as this time. If you don’t set a stop loss in advance, you can’t enter the market even if you want to cut your losses. You can resist it 9 times, but it only takes 1 time to return to zero.
