Trading is for yourself, and only you can be responsible for your actions. The principle of capital preservation should be the first. You can accept less profit and try to control losses. Don't compare with others, accept that you earn less than others, and others making money does not mean you lose money. Live well and wait for your opportunity.
Capital preservation is the first principle of investment and financial management. This means that before making any investment decision, investors should first consider how to protect their principal from loss. This does not mean completely avoiding risks, but learning to manage and control risks. For example, a stop loss point can be set. Once the investment loss exceeds the preset range, the loss should be stopped immediately to prevent further expansion.
In addition, in order to achieve capital preservation, investors should also allocate assets reasonably, that is, do not concentrate all investments on one product, one stock or one currency. Doing so can avoid major losses to the entire investment portfolio due to problems in a certain investment project. In other words, investors should diversify their investments to reduce the risk of a single investment.
In general, capital preservation is the basis of investment and financial management, and investors should always take it as the first principle of investment.