2025.5.1 Lao Jiu's Hundredfold Trading Review
Goal: $100 capital to earn $10,000, currently $70
Today's number of trades: 5, profit and loss situation: -15%.
Yesterday I was too frustrated, driven by the desire to recover, knowing full well that my trades were wrong, yet I continued to trade incorrectly. The losses were too large, I lost 36% over two days, with a drawdown exceeding 50%. I just want to give up and start over. I clearly know what is right and what is wrong in trading, but I just can't do it. Yesterday's and today's trades were completely irrational, only driven by gambling instincts; the weaknesses of human nature are so hard to overcome! With such a large drawdown, I don't know when I will recover.