In the trading business, everyone has to pay tuition, the difference is just how much you pay.

Don't take losses too seriously; they are part of the cost.
It's not shameful to cut losses; what's truly deadly is stubbornly holding on.

Many people break down not because they have hit the stop-loss a few times,
but rather the position management is a mess——
When it's time to take a light position, go all in.
The losses exceeded what I could bear, and my mindset completely exploded.

So before opening an order each time, you must make these clear:
Why did I open this order? (Where is the technical signal?)
Where is the stop loss wrong? (Support/Resistance)
By the way, how much can be earned? (Target price level)
What's the worst loss? (Position Control)

If these four questions have no answers, don't rush to place an order.
Once in the market, execute according to plan.
Unless there is a clear reversal signal, do not arbitrarily change your strategy.

Because as long as you hold a position, your judgment is no longer objective—
Strengthening oneself upon seeing positive news,
Choose to selectively ignore negative news,
This is human nature, no one can escape it.

Let's talk about taking profits.
Many people are reluctant to sell and always want to have another round.
But the market won't wait for you,
The money you can earn is always just a part within the scope of your understanding.

Has the price reached the expected target? Sell in batches.
Leaving some margin to bet on exceeding expected returns is not a problem,
But the main profits must be locked in first.
Not being greedy is the real skill.

In summary:
Stop-loss lets you survive, take-profit allows you to truly make money.
The market is not about who earns the most, but who can survive the longest.