Recently, several fans added me, saying they were all wiped out by the market after averaging down.
Honestly, it’s quite heartbreaking to see. They didn’t identify the right direction, the market was bad, and they kept averaging down.
Initially, a small loss wasn’t controlled, thinking of averaging down to reduce costs, but the more it dropped, the more they averaged down, and the more they averaged down, the more panicked they became,
In the end, the market hit them with a sharp spike, and their account went straight to zero.
I just want to say: averaging down = gambling, averaging down = suicide.
It’s not that you don’t understand risk management; it’s that you don’t take risk seriously at all.
Why is averaging down so deadly?
The market has no bottom, yet you fantasize about a rebound; emotions explode, rationality breaks down, and funds sink deeper and deeper, with one K-line taking away all your principal.
In the end, it’s not the market that kills you; it’s you who kills yourself.
What you can do is not hold on, but: don’t average down (stopping losses is always smarter than averaging down),
not hold overnight (the market changes without mercy), not watch the market (trading relies on systems, not emotions).
Trading isn’t about hard work; it’s about methods. Don’t learn through blood losses anymore.
