The contracts that most easily cause people to get liquidated are often not because they picked the wrong direction, but because once they’re wrong, they’re unwilling to admit it.
Many people place a trade and are only down a few percentage points; the stop-loss is already hit, yet in their minds they think, “Wait a bit more—maybe the next candlestick will pull back and return.” As a result, a small loss drags on into a big loss, and then they average down, add positions, and cling to the fantasy that one rebound will get them back to breakeven. What the market harvests most readily is exactly this kind of wishful thinking.
I know a friend who has been trading contracts for many years, and he once said: “In trading, the most valuable thing isn’t how much money you make, but knowing when to admit defeat.”
If the direction is wrong, get out. If the market is unclear, wait. If you’re not confident, go flat. It may look like you profit slowly, but what truly grows an account has never been about one big all-in bet; it’s about repeatedly controlling small losses.
Many people think高手 (experts) are impressive because they can always catch big moves. Actually, it’s the opposite: what makes them truly good is that they rarely let themselves get into a large loss. With good position sizing, strict execution of stop-losses, resting when your state isn’t right, and waiting when opportunities aren’t there.
In the end, trading isn’t about who makes the most aggressive profits, but who can commit fewer fatal mistakes. First learn to accept losses, then talk about expanding gains; first protect your capital, then pursue making money. $AEVO
#Evernorth推迟纳斯达克上市至10月12日
Many people place a trade and are only down a few percentage points; the stop-loss is already hit, yet in their minds they think, “Wait a bit more—maybe the next candlestick will pull back and return.” As a result, a small loss drags on into a big loss, and then they average down, add positions, and cling to the fantasy that one rebound will get them back to breakeven. What the market harvests most readily is exactly this kind of wishful thinking.
I know a friend who has been trading contracts for many years, and he once said: “In trading, the most valuable thing isn’t how much money you make, but knowing when to admit defeat.”
If the direction is wrong, get out. If the market is unclear, wait. If you’re not confident, go flat. It may look like you profit slowly, but what truly grows an account has never been about one big all-in bet; it’s about repeatedly controlling small losses.
Many people think高手 (experts) are impressive because they can always catch big moves. Actually, it’s the opposite: what makes them truly good is that they rarely let themselves get into a large loss. With good position sizing, strict execution of stop-losses, resting when your state isn’t right, and waiting when opportunities aren’t there.
In the end, trading isn’t about who makes the most aggressive profits, but who can commit fewer fatal mistakes. First learn to accept losses, then talk about expanding gains; first protect your capital, then pursue making money. $AEVO
#Evernorth推迟纳斯达克上市至10月12日