《How Leeks Become Leeks》

1⃣️Over-leveraging and full position trading: Many people love to use high leverage and trade their entire account, while the margin in their account is insufficient to support such high-risk operations, which can easily lead to liquidation.

2⃣️Greed or failure to cut losses: After making a profit, due to greed, one is unwilling to take profits in a timely manner and always wants to earn more, resulting in watching profits evaporate or even return to zero. Alternatively, during losses, one may cling to hope and fail to cut losses in time, leading to increased losses.

3⃣️Position management errors: Investing all funds into a single trade when opening a position; once trapped, even if other potential opportunities are identified, there are no extra funds available, which is like putting all eggs in one basket.

4⃣️Blindly following trends: Seeing others make huge profits through high leverage can impulsively drive one to seek quick riches, and without thinking, they follow in with their entire account, which is often the starting point of falling into difficulties.