In the battlefield of investment, where there are no smoke and gunfire, most people have an instinctive aversion to stop-loss. In their view, once a stop-loss is executed, the loss becomes an undeniable fact, while holding on seems to retain the hope of a turnaround. But the harsh reality is that the pain from a stop-loss is only temporary; if one does not stop-loss, that pain will follow like a shadow, becoming a long-lasting torment.

Initially, the account only shows a slight floating loss, at this moment, the luck in people's hearts begins to play tricks, and they unconsciously mutter: "Just wait a little longer, the market changes rapidly, who knows, the next second the market might reverse dramatically, and the losses could be earned back immediately."

But the market has always been cold and ruthless; it will not change direction based on personal expectations. A loss is like a snowball that rolls bigger and bigger, becoming increasingly difficult to control. At this point, some people grit their teeth, secretly swearing: "If it drops another 5%, I will definitely cut my losses decisively, without hesitation." However, when that 5% drop actually occurs, human weaknesses are exposed again, and they begin to retreat, finding excuses for themselves: "It’s already lost this much, cutting losses now is like rubbing salt in the wound, it’s not worth it. It's better to hold on a bit longer; perhaps soon there will be a glimmer of hope."

But the result often runs contrary to expectations. If one cannot bear to stop-loss, the market will intervene in the most brutal way, leading to account liquidation. The hard-earned assets vanish in an instant, and by then, there is no need to struggle with whether to stop-loss anymore, as everything has already lost its meaning.

The market is like an impartial judge; it will not force you to make a stop-loss decision, but it will accurately measure every choice you make. As long as you stubbornly cling to your decisions, you will inevitably face corresponding punishments. In this unpredictable investment world, as long as there is still a glimmer of luck in your heart, you are already on the path to failure. Only by facing risks squarely and decisively executing stop-losses can one safeguard the principal and win a chance at survival in the investment tide.