Making trades, the unpredictable is the real risk
Whether it's the event on March 12 or the recent sharp decline, many people have suffered heavy losses, even facing liquidation. The greatest risks are those that are unseen and unpredictable. Because they are unpredictable, there is no preparation; because there is no preparation, the losses are severe.
With visible icebergs, you will naturally make contingency plans in advance, implement risk control measures, and prepare stop-loss strategies ahead of time. The invisible risks are always hidden beneath the surface. Therefore, when you feel that the market keeps rising and will continue to rise, you should be cautious, avoid being overly optimistic, and prepare for stop-loss measures; do not go all in at once, as risks may occur without any warning. Once they occur, they can be devastating.
No matter how confident you are in the market, it is essential to understand that there are many factors influencing market trends, many of which are beyond your awareness. Therefore, you must believe that the market is certainly not 100% certain.
In any case, the awareness of stop-loss and risk control is paramount; living well and for a long time is the hard truth.