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

Suppose you have 1 million in capital, and you must lose it all within a week; if you exceed the time, you'll be executed. How would you operate?

1. Go all in and heavily bet on the direction

It seems like a quick way to gamble, but what if you win?

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

2. Trade crazily and frequently

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

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

Profitable positions must be closed immediately; you cannot wait!

On the other hand, you can hold on to losing positions a bit longer, hoping to lose more.

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

Worried about giving back profits and eager to lock in gains;

Choosing to hold on during losses, hoping for a market reversal.

The most frightening thing in trading is not the loss itself

But those seemingly harmless habits that gradually erode your performance

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