TRADING MINDSET
Your trading mindset will determine all the actions leading to the results after a series of your trades. The current losses you are facing are the clearest evidence of how you have thought in this market.
For the market, it is always moving and never stands still, just like life or your stories; you cannot rely on just one way to succeed in every competition.
Yet most players, when participating in the market, wait for something clear, hoping that their trades will yield profits. Unfortunately, this naive way of thinking is only for the young sheep, and in the end, they will lose all their fleece.
If something is too obvious for you to win, it can only be a trap, and after many tricks, you will eventually get caught at a certain trap after being lured and fattened for a while.
For professional traders, nothing is certain for them; they only build strategies and trading plans, preparing for every possible scenario. That is why risk management, averaging down, and stop-loss mechanisms exist.
Nothing is 100% certain in this market. The issue is that in each phase, what is suitable and what is not varies; being flexible and adaptable in the market is the way a successful investor operates in this arena.