#交易# experience encryption Candy

The most painful part of a liquidation is not the loss of money, but the mental collapse. It's not that you don't know when to cut losses; it's that you are unwilling to admit you were wrong. The transition from "there is still hope" to "utter despair" often only takes one candlestick.

The most terrifying thing is: this is not your first experience. You know you should cut your losses, but you always hesitate and waver, not because the market is complicated, but because you are being led by feelings of unwillingness and luck.

Earning 3000 dollars in a day makes you feel like the chosen one, but losing 1000 dollars in a day makes you eager to "make it back". This is not a technical issue, but a human nature issue.

What truly destroys you is not the market, but your obsession.
Real stop-loss is not about cutting losses, but about preserving life. Before being liquidated, you think "just hold on a bit longer," but after being liquidated, you realize: surviving is the only chance to win again.

So remember this: the true traders are not those who have the most accurate market sense, but those who gracefully admit their mistakes and rationally cut their losses.