Seeing the divine fish discussing trading, I also want to throw in a brick:

Assuming you have a capital of 1 million, you must lose it all within a week, and if you run out of time, you will be executed on the spot. How would you operate?

1. Go all in and heavily bet on the direction

It seems like a quick all-in, but what if you win the bet?

Your capital doubles to 2 million, and the task of losing it all becomes even harder!

2. Frequent crazy trading

Open a position and immediately close it, slowly depleting the capital through transaction fees.

This does work, but what if some trades happen to be profitable?

Profitable trades must be closed at the first opportunity, never wait!

On the other hand, losing trades can be held onto longer, hoping to lose more.

Thinking carefully, do these strategies resemble certain behaviors in daily trading?

Worried about giving back profits, eager to lock in profits;

Choosing to stubbornly hold onto losses, hoping for a market reversal.

The most frightening thing in trading is not the loss itself

but those seemingly harmless but gradually eroding bad habits.