The most painful part of liquidation is not losing money, but the mental collapse.
It's not that you don't know when to cut losses, it's that you are unwilling to admit you were wrong.
From "there's still hope" to "complete despair," often it only takes one candlestick.
The most frightening thing is: this is not your first experience. You know you should cut losses, yet you always hesitate and waver, not because the market is too complicated, but because you are being led by unwillingness and a sense of luck.
When you make $3,000 in a day, you feel like the chosen one; when you lose $1,000 in a day, you rush to "make it back." This is not a technical issue, it's a human nature issue. What truly destroys you is not the market, but your obsession.
True loss cutting is not about sacrificing your capital, but about saving your life. Before liquidation, you think "just hold on a bit longer," but after liquidation, you realize: surviving gives you another chance to win.
So please remember this: the person who truly knows how to trade is not the one with the best market intuition,
but the one who dares to elegantly admit mistakes and rationally escape during losses.
