This message is for friends who have faced liquidation and want to start over; make sure to pay attention! Those who have never faced liquidation won't truly understand.

For a trader, the biggest blow is not how much money they lost, but that their trading system has been proven ineffective. As long as the method is correct, steadily earning profits over time is just a matter of time. If the system is wrong, one must relearn from the ground up. Unfortunately, most people fall in the middle; they can't handle their mindset and leave the table. Those who are still in the market are really quite tough on themselves, so don’t blame traders for not providing emotional value...