Do you all think that once you calculate the liquidation price, you can relax and be worry-free?
The extreme market of March 12 teaches a lesson: Bitcoin was halved in 24 hours.
On May 19, a collective plunge: the derivatives market saw liquidations of 80 billion.
These black swan events tell you with bloody facts, "A small probability does not mean you won't die."
Why can't 90% of people quit the "holding position addiction"?
There is a term in psychology called "stop-loss pain":
Every small stop-loss feels like cutting flesh.
Holding positions often leads to "miraculously breaking even."
But this is the scheme of the manipulators!
Once you develop the habit of holding positions—
all it takes is one extreme market event to wipe out ten years of effort.
The "liquidation price" should be called the "death penalty price."
Before each trade, loudly recite three times: "I am betting on the day of the death penalty!"
"5% curse"
Any position with a floating loss exceeding 5%, immediately activate the "nuclear button."
Treat stop-loss like a dog leash: Is the market running too far away?
Either pull the dog back or let go of the leash and say goodbye.
Don't wait until the next liquidation to remember this article.
Now! Immediately! Right now! Check your stop-loss strategy.
Remember:
Trading is not a life-or-death game.
The liquidation price is a tombstone for gamblers.
Smart people have long been making money with a "survival" strategy.
