The contract lost 400,000, how to adjust my mindset???
1. First accept the loss, do not avoid it
Don't rush to recover immediately, don't fantasize about one trade making up for the loss. What you need most at this point is to stop and not continue losing. The loss of 400,000 is already a fact; trading with this emotional burden will only plunge you deeper into the loss spiral.
2. Treat this 400,000 as the money spent on gaining experience
Maybe you used excessive leverage, went all in, added positions emotionally, or didn’t set stop losses, etc. These "mistakes" were hard to hear before you lost money, but now they are etched into your mind. You spent 400,000 to purchase a lifetime of trading discipline and risk control awareness.
3. Pause trading, switch to “repair mode” • First exit high-leverage contracts to avoid continuing to trade under emotional fluctuations; • Try switching to a demo account or practice with small positions to restore judgment; • If you have other sources of income, rely on them to stabilize your living pace; • Handle the loss in stages, for example, gradually recover over the next six months through small profits plus other income, rather than risking it all at once.
4. Give yourself a “turnaround plan”
For example, if you still have 10,000 U in capital, you can set a plan to "double it in six months". Daily 10% is too aggressive; switch to a low-leverage, steady approach, and you can still recover while living easily.
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