What is the fundamental reason why most people lose money?
1. Floating loss of 300 USD, reached the stop-loss point, but didn't stop loss, first analyze the market
2. Floating loss of 500 USD, studied for a long time and found a major support level, convinced that this price definitely won't break
3. Floating loss of 1000 USD, even more unwilling to stop loss, let's treat it as a long-term position, add some margin, and don't set a stop loss
4. Floating loss of 2000 USD, added margin too early. Look at market reviews, institutional forecasts, listen to the masters' opinions. Found that most people are bullish, so let's hold on, there will be a rebound
5. Floating loss of 1500 USD, see, the market is about to reverse, add another position to lower the cost, this time we will make a big profit
6. Floating loss of 3000 USD, it turns out it wasn't a reversal, just a rebound. No worries, anyway, I've already made 3000 this month, at most it's a wasted month, let's add another position. If it returns to the entry point of the first position, I can still make 3000 USD
7. Floating loss of 5000 USD, it shouldn't be, what the hell is this market? No way, it must be the big players manipulating the market, trying to wash out the retail investors, we can't let them succeed. Can't give up, continue to add margin, keep adding positions, as long as there's a slight rebound, we'll definitely break even
8. Floating loss of 4000 USD, it’s finally going to reverse, this time I'm not adding positions, but I must hold on
9. Floating loss of 6000 USD. Why is it dropping again? I refuse to believe it, can it really keep going down? This time it's definitely the bottom, continue to add margin
10. Floating loss of 7000 USD, tonight's non-farm payroll data is predicted to be very good, surely we can turn it around
Conclusion: Floating loss of 0 USD, account balance 0 USD
There are many people who go bankrupt and exit like this; seeking stability to win is the key
