How do you view those who stubbornly refuse to stop loss in trading?
Stop loss, the real meaning lies in time!
Many people say, that little money, why stop it! If I win, I’ll be a model in a club; if I lose, I’ll work in the sea!
Not for the mistakes, money can be earned again. Is the true meaning of stop loss about money?
You can casually observe bankrupt businessmen, some make a comeback,
while others jump off buildings! Including the founder, let’s consider their age as a businessman!
Those under 40 may have a greater chance of making a comeback, while those over 40 are more likely to jump!
What kind of people think they can make a comeback? It’s not about methods; it's about time.
Continuous decline first extinguishes a person's sharpness and secondly delays the opportunity for a comeback.
I once read some insights from someone in the industry; they didn’t focus much on technical analysis but mainly on their insights about stop loss.
They experienced a drop from 2245 to 998, and in their words, the decline seemed endless!
They suffered greatly, losing about 80% of their total net worth.
Later it reached 6124, and they recovered, but compared to their peers at that time,
upon reflection, if they had taken away those losses within a month, with their connections and business experience, they could have returned to that position in a few years.
However, the prolonged decline dulled their sharpness, made them lazy and mediocre, and they began to place hope in market trends, no longer believing in themselves.
At that time, I couldn’t understand it; it’s just four years!
At my current age, I understand, how many four years can you have?
How many opportunities can life give you?
Every time I don’t want to stop loss, I think of this “story”!
Stop loss, it stops time!
Money can be earned again, but time is one-way; once it’s gone, it’s gone, and cannot return.
Still, that saying holds true: a single tree cannot make a boat, a lone sail cannot sail far! Having a good team to guide you is always much stronger than going it alone; I have always been here!! #ETH突破4300 #加密总市值创历史新高 #以太坊生态回暖 #特朗普允许401(k)投资加密货币