$TRUTH A recent friend came to me complaining: "My balance has only 5000 left."

I looked through his trading history and fell silent.

Dozens of trades a day, fees stacking up like a mountain, getting hyped when prices go up, stubbornly holding when prices fall, ultimately getting liquidated. The typical three-piece set of a rookie trader.

**High-frequency reckless scanning**

Staring at minute-level K-lines, thinking that short-term trading is a skill, but in reality just paying tuition to the exchange. The larger the trading volume, the heavier the trading fees. Doing dozens of trades a day, the market doesn’t move, but instead losing money.

**Faith-based stubborn holding**

"The bull market will return! Quick rebound!" Shouting loudly, yet silently losing money from the account. This gambler mentality is the worst—when prices fall, instead of cutting losses, they hold on tighter.

**FOMO all-in**

Seeing others’ dog coins multiply a hundredfold, eyes turning red, going all-in, only to wake up and find the principal down to single digits.

During that period, he was staring at the market at 3 a.m., smoking pack after pack of cigarettes, and finally asked me: "Did I get wool pulled over my eyes by the market?"

No, it was by himself.

Later, I advised him to do only three things, and it really stopped the bleeding.

**First, sniper-style trading**

Close all small-cycle charts, only watch major breakouts on 4-hour or higher timeframes. Strictly control the frequency—no more than 3 trades per day. When feeling restless, go for a walk instead of sitting at the computer trembling.

**Second, the rolling position logic of winning big, shrinking losses**

Keep the first position within 10% of the account (his $5000 account starts with $500). Take profit after 20%, lock in half, and move the stop-loss to follow the trend. Cut losses at 5%, no holding through losses, no adding positions, no exceptions.

**Third, disciplined and relentless**

Close the platform after two stop-loss hits; avoid trading today. Stop when emotions rise. Review every night to understand exactly how you made money or lost money.

Turning the situation around is never about a single all-in, but about calmness and execution.

Looking back now, he says his biggest regret isn’t how much he lost, but "nobody told me earlier."

I told him honestly: "It’s not that nobody taught you, it’s that you’ve always been unwilling to admit you’re gambling."

What is the most common thing people say after getting liquidated? "Just hold on a little longer, it’ll come back..."

Now open your trading records and ask yourself—are you willing to face how you’re really losing?