Tell a story.........
Not long ago, there was an old guy, he was the typical "retail trader template"
When the market rises, he rushes in, when it falls, he cuts losses, every day he thinks about breaking even, and as a result, his account dropped from 50,000 USDT to just over 3,000 USDT.
To be honest, when he gave me a voice message that day, his tone already carried a sense of "acceptance"
It's not that he hasn't looked at candlestick charts, nor that he doesn't understand the technicals
But he just couldn't control himself, always thinking about doubling his investment in one trade and getting rich quick.
I didn't rush to have him make trades, I just asked him to do one thing first:
Record his trading reasons every day
Only do the "compound rolling position model" trial trades that I provided
Then strictly take profits and cut losses, only then can he increase his position on floating profits.
So, guess what happened?
During this time, his account recovered more than half
But what he thanked me for most was not that I taught him a trading strategy, but rather:
"Turning a profit is not about luck
It's about whether you are willing to stop first, learn to lose slowly, and earn steadily."
If you are still losing, perhaps it's time to pause and reflect
