In the world of trading, there exists a unique atmosphere, akin to a warm bed, nurturing people's desires and fantasies for exorbitant profits. Many individuals are always enamored with situations that surpass ordinary understanding: such as reaping huge profits with heavy investments, accurately buying low and selling high, or achieving astonishing returns of dozens of times within just a year. These types of 'miracles' that occasionally flash in the market are like stimulants, constantly teasing people's hearts, making them willing to take risks and even enjoy it.
It is precisely these seemingly enticing events that make traders increasingly restless and uneasy. Indeed, there is enormous profit potential in the market, but this is by no means a goal that everyone can reach. Ultimately, the bottom line we must uphold is to manage risk properly, advancing step by step, steadily and firmly. If you can deeply understand this point, then in the journey of trading, you have already surpassed more than 60% of your peers! It is important to know that too many traders lack basic principles; they harbor a deep aversion to losses, and once they encounter a loss, they blindly increase their positions in an attempt to turn the situation around. Little do they know that every fatal major loss originates from the refusal to accept losses. Everyone might reflect on their own experiences and carefully recall past trading experiences: have you ever fallen into such a predicament?