Holding on stubbornly without cutting losses ultimately led to A7 losing everything overnight...

This situation is not an isolated case; in real trading, many brothers stubbornly hold on without cutting losses, which is tragically fatal and helpless.

They always believe that every drop is a temporary pullback, and every loss is the darkness before dawn. As long as they hold on, there is hope for recovery.

Little do they know, this obsession with holding on will inevitably lead to a total loss if they cannot recover just once.

The final outcome will undoubtedly be a margin call, whether sooner or later.

Dislike of Losses: Behavioral finance has long revealed that the pain of humans from losses far exceeds the pleasure of equivalent gains. Cutting losses means turning unrealized losses into real losses, which is unbearable for those who hold on.

They would rather choose the "Ostrich Strategy," burying their heads in the sand, hoping for a miraculous market reversal, than face reality and endure short-term pain.

Sunk Cost: "I've already lost so much, cutting losses now is too painful," is the most common internal monologue of those who hold on.

They mistakenly use the funds already invested as a reason to continue holding, firmly trapped by sunk costs, sinking deeper into the wrong path, ultimately turning a "small wound" into a "amputation" level disaster.

Hope Replacement: "What if it rebounds tomorrow?" When the elusive "hope" replaces risk control, trading becomes pure gambling.

Those who hold on numb themselves with good wishes, ignoring the danger signals from the market, handing over decision-making power to luck.

Brothers, remember that 95% of losing trades can be recovered, which is why stable losing traders have a higher win rate. But what about the 5% that cannot be recovered?

Let's encourage each other!