Day 32 of the Challenge of 10,000 U to 2 million

Total balance: 84685.28 U

Take a break after earning 10% of the principal every day. Once the goal is achieved, do not enter the market no matter what the market is. Seek victory in stability. Isn't it easy to turn over the position within 10 days? Why can't many people do it? Trading losses may be caused by both human nature and greed. Don't be afraid and hesitate. When the market fluctuates, you may not dare to enter the market or hold a position decisively due to fear, or hesitate when you should stop loss, miss the best opportunity, and cause losses to expand. Don't be blindly confident, over-trust your own judgment, and trade without sufficient market analysis and risk assessment, which is easy to fall into wrong decisions. Don't be impatient, rush for success, trade frequently, and don't wait for the right time, which increases trading costs and the probability of making mistakes. From the perspective of greed, excessive pursuit of profits, when a certain amount of income has been obtained, you are reluctant to stop profit, expecting to get higher returns, resulting in market reversal, profit taking or even loss. Don't trade with heavy positions, and over-invest funds in pursuit of high returns. Once the market trend is unfavorable, you will suffer heavy losses. In short, trading losses are often the result of the combined effects of human weaknesses such as fear, hesitation, blind self-confidence, lack of patience, and greed.