Check your account, there are still over 100U left this month. To be honest, I’ve stepped into quite a few pits this month.

Last month’s market was hard to trade, with almost no profit, and the account was nearly all in cash. At the beginning of this month, things looked good, I made some profit, and since the market was leaning bullish, I set up a short position. I didn’t expect the market to keep moving sideways and then upward, completely contrary to my expectations. I was overconfident, thinking it would eventually drop after rising, but instead I kept getting stopped out repeatedly. The most ridiculous part was, I wasn’t even watching the market closely, just watching myself get caught.

When my account grew from 40U to 900U, I was actually quite cautious in the early stages, taking profits and then leaving, without much greed. But this month, I made a fatal mistake—emotional swings, a bigger perspective, reluctant to cut losses in time, still hoping to catch the bottom or wait for a rebound. The longer I waited, the more I lost.

Now I understand, trading requires constant vigilance. Profits must be protected, and there’s no room for luck. Cutting losses promptly isn’t weakness; it’s the prerequisite for staying alive and continuing to make money. Selling too early doesn’t hurt, but losses are the real damage.