Why do you experience small gains and large losses?

Because your stop-loss strategy is not firm enough.

Why isn't your stop-loss strategy firm?

Because there have been too many times when you noticed that as soon as you set a stop-loss, the price returns to the original position. You think to yourself, if I don't set the stop-loss, the price might return, but once I set a stop-loss, it becomes a real loss. This kind of psychological expectation leads to uncertainty in stop-loss decisions, and if an extreme reversal occurs, you could be liquidated.

Why can you only have small gains?

Because you are not firm enough in taking profits.

You are so afraid that the money you earned will be given back, and you hope that your profits can be secured quickly. You have finally opened a profitable position, but under the psychological influence of 'taking profits early, fearing a pullback, and securing gains,' you uncontrollably close the profitable position. As for the grand market movements that follow, they have nothing to do with you.

Trading is tough; it is really tough. First, you must overcome technical barriers, then cognitive barriers, and you want to achieve unity of knowledge and action, but in the end, you also have to overcome human nature barriers. It is not easy to break through these three barriers; without the deeply painful experiences and the process of self-denial and rebuilding, it is very difficult to enter the realm of profitability. #BTC重返10万 #本周高光时刻 #美联储FOMC会议 $BTC $ETH