Bankruptcy is not because the direction is wrong, but because you don't know how to brake!
I have a fan who used to say he was always unlucky —
"As soon as I enter the market, the trend reverses, my stop-loss gets triggered, and after that, it rebounds..."
I asked him to go back and review his trading records, and he discovered a painful truth:
Every time he faced bankruptcy, it wasn't due to misjudging the direction, but rather a combination of "holding onto losing positions + stubbornly refusing to cut losses + adding to losing positions."
The first thing I taught him was to establish a "loss control rhythm sheet" —
Write down the exit timing before entering each trade.
Once a stop-loss is triggered, never add to the position, just record the reason.
All additional positions must be based on "floating profits"; using the principal to save oneself is not allowed.
Summarize the top 3 most significant losses each week, and optimize the trigger rhythm.
As a result, within less than two months, not only did his instances of bankruptcy drop to zero, but his account balance steadily increased from 2000u to 20000u, a tenfold increase, and his mindset became much calmer.
Most people do not fail due to making incorrect judgments, but rather because they "know they are wrong yet are unwilling to admit defeat."
Loss control is not about being overly cautious; it is about qualifying yourself to welcome the next correct opportunity.
If you really want to earn back steadily,
I have a complete execution mechanism here; it’s not just a slogan.
It has been verified through practical case studies.