Many people trade, and when they incur a loss, they say: I am not reconciled, let’s see again.
What’s the result?
Not only do they lose more, but they also wipe out their accounts, and they become mentally exhausted.
It's not that they lack skills
And it's not that they have bad luck
It's that they have never taken stop-loss seriously
When the market reverses, they think:
"Just wait a bit longer"
"It should bounce back"
"I’m sure about this wave; it can’t break through"
Then— it really breaks through
And they really go to zero
I once guided a brother
He blew his account twice without setting stop-loss, saying it was a "cutting loss trap"
Later, he was left with only 500U and found me
I told him to limit his losses to within 2% of his account per trade
As a result, in a month, he rolled from 500U to 6800U, and most importantly: he never blew his account even once
He said: Before, I set stop-loss to save money
Now, I set stop-loss to save my life
What you need to do is not to be right all the time but to survive
Stop-loss is not weakness
But the only "amulet" that allows you to live longer and earn steadily in the crypto world
That "position-stop-loss-rhythm linkage model" is only for those willing to execute it
If you want to turn things around, don’t ask me who I think will do well
First, ask yourself: Can you stop yourself from losing?