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Honestly, my position size has never been very large, but the problem is that every time I lose, it's a big loss, and all the profits I made are wiped out. I recently realized how terrifying this cycle is and decided to do a thorough review.
First, I will definitely avoid highly volatile markets in the future. Don’t look at the candlesticks turning red and green and think about bottom fishing or chasing highs; those extreme fluctuation periods are often when beginners are precisely cut off.
Second, after setting the take-profit and stop-loss levels, I must strictly adhere to them. Once the expected profit is reached or the loss becomes unbearable, I will exit immediately. I can't hold on just because "it might rebound if I wait a bit," nor can I dig myself deeper just because "it's fallen so much, it should go back up." I understand this principle, but I always waver in execution, and the result is only making things worse.
Fortunately, I didn't invest too much capital from the start, mainly using small profits to experiment, so even if I suffer a significant loss, it hasn't really impacted my life. This has become the best tuition fee.
Finally, and most importantly, never let these trades occupy all your energy or affect your work and life. True gains should come from stable primary employment; trading is just a supplement. If your mindset collapses, everything is over.