《The Roots and Lessons of Trading Losses》

During the trading process, investors often suffer significant losses at certain specific moments. This usually happens after placing a long or short order, and investors begin to expect the market to develop as they expect. If the trade is favorable at the beginning, they will hope that their profits will increase further; but when the market reverses and falls, they hope that the market will rebound and return to a position in their favor. On the contrary, if the trade is unfavorable to them at the beginning, they will expect the market to reverse quickly, and when the market rebounds slightly, they hope that their profits will increase further. But then the market is unfavorable to them again, and they expect the market to turn in a favorable direction again. Finally, when the position reaches the closing price, they still have hope, thinking that the market has reached a low or high point and should now start to move in their favor. They may even increase their margin and repeat this wrong behavior.

The lesson here is that you should stop having unrealistic expectations for trading results, and instead expect to learn valuable lessons from every trade. This is not only a requirement for yourself, but also a sincere expectation for all traders.