Unless you are Spot trading. Then you can just wait for the storm to pass, get on with life and sell in green when it goes up again.

Dear beginner traders, especially those who are sitting in a drawdown or have faced liquidation, I understand you perfectly because I was in your place, I lost my deposit 5 times, and I know the emotions that overwhelm you and what is going on in your head. But here is the result of trading without stop-losses and violating risk management. This is an integral part of trading; without this, you cannot succeed. I noticed that many do not know what volume to enter a trade to avoid risking the entire deposit. Personally, I have two types of risk: risk per day and risk per trade. The risk per day is 1% of my deposit.

Example:
if my deposit is 100$ then the risk per trade is $1
if my deposit is 563$ then the risk per trade is $5.63
if my deposit is 978$ then the risk per trade is $9.78

The risk per day is 5% of the deposit. So if I incur a loss of -5% of the deposit, I do not trade anymore that day. Instead, I take a look at my trades and analyze where I went wrong, what I did not do right. Sometimes it happens that the market is such that I did everything correctly but the market simply did not move in my direction.