Why do many traders choose not to give up trading even though they have lost a lot of money?
There are only two reasons, one is unwillingness, and the other is no choice.
The money lost by many people is the savings accumulated by themselves through hard work. These accumulated hard work is not only money, but also the years of hard work. How can you be willing to lose this money in trading? Sometimes it seems like a dream. I made a transaction inexplicably and lost all the money inexplicably. I used to be like this. I especially understand this kind of unwillingness. I always feel that I am unlucky and I can make it back if I am lucky.
The other is that there is no choice, because some people lose money that is not their own. Some are credit cards, some are online loans, and some are borrowed money. They rely on their usual part-time jobs to make money. They can't pay it back for many years, so they can only rely on trading, which makes money quickly.
However, these two mentalities are extremely unhealthy and will lead themselves into a bigger abyss. I have always said that trading is a icing on the cake and cannot be used as a life-saving straw in life. Otherwise, if the mentality is out of shape, everything will be out of shape.
But those who advise don't listen, and those who listen don't advise, so you can only figure it out on your own.