The worst I’ve seen isn’t the person who’s been losing money the whole time. It’s the kind who used to make a lot, but in the end actually ended up paying back their principal just to exit.
One of my followers went long on a coin. His unrealized profit multiplied several times, and every day he sent me screenshots to celebrate. I advised him to take half off first. He said, “Wait a bit more—I feel like it can still surge.” Then the market turned. His unrealized profit got wiped out, and he started chewing through his principal. I urged him to get out. He said, “We’ve already lost this much—if I leave now, wouldn’t that make it a real loss?” In the end, from having earned more than a hundred thousand U, he kept holding until he was down several tens of thousands and only then cut his position.
I’ve stepped into this pit too. I always think that if I just hold on a bit longer, it’ll come back. But the times I held until recovery didn’t happen much. The times I held until liquidation—those were the majority.
Later I figured it out: no matter what your cost is, the market only moves according to its own trend. Holding on and refusing to exit is basically handing over all the initiative.
Now I stick to a few hard rules: before opening a trade, I set up an exit path in advance, and I place the stop-loss and take-profit orders ahead of time so they’re “locked in.” When the unrealized profit reaches a certain level, I immediately move the stop-loss to above the entry cost. Even if the market reverses, it won’t touch the principal. If I make two consecutive mistakes in two trades, I close the software and stop trading that day—not because I’m unlucky, but because my state is already messed up.
No matter how much unrealized profit is on the account, the only real money is what you can actually put in your pocket. Don’t get emotional about position size. When it’s time to leave, don’t drag it out—because the one who gets carried away in the end is always you.
Getting the direction wrong isn’t the real problem. What’s deadly is messing up the timing. #日元急涨
One of my followers went long on a coin. His unrealized profit multiplied several times, and every day he sent me screenshots to celebrate. I advised him to take half off first. He said, “Wait a bit more—I feel like it can still surge.” Then the market turned. His unrealized profit got wiped out, and he started chewing through his principal. I urged him to get out. He said, “We’ve already lost this much—if I leave now, wouldn’t that make it a real loss?” In the end, from having earned more than a hundred thousand U, he kept holding until he was down several tens of thousands and only then cut his position.
I’ve stepped into this pit too. I always think that if I just hold on a bit longer, it’ll come back. But the times I held until recovery didn’t happen much. The times I held until liquidation—those were the majority.
Later I figured it out: no matter what your cost is, the market only moves according to its own trend. Holding on and refusing to exit is basically handing over all the initiative.
Now I stick to a few hard rules: before opening a trade, I set up an exit path in advance, and I place the stop-loss and take-profit orders ahead of time so they’re “locked in.” When the unrealized profit reaches a certain level, I immediately move the stop-loss to above the entry cost. Even if the market reverses, it won’t touch the principal. If I make two consecutive mistakes in two trades, I close the software and stop trading that day—not because I’m unlucky, but because my state is already messed up.
No matter how much unrealized profit is on the account, the only real money is what you can actually put in your pocket. Don’t get emotional about position size. When it’s time to leave, don’t drag it out—because the one who gets carried away in the end is always you.
Getting the direction wrong isn’t the real problem. What’s deadly is messing up the timing. #日元急涨