Seniors often tell newcomers: "As long as the account is alive, you qualify to wait for the next wave of profits." Everyone nods at this, but once money is invested, all that’s left is the "doubling myth," having thrown "safety" out of the window.
How many people are staring at the K-line of altcoins dreaming, with their minds full of "doubling in three days," yet haven’t equipped themselves with a "safety airbag"—how to avoid a fatal drawdown?
The cold, hard truth of the market is: the deeper the drawdown, the harder it is to turn around.
Let’s do some painful math: a 10% drop can be made up; a 30% drop requires doubled effort to turn around; a 50% drop is stepping into the death line, and to break even you need to double your earnings; when it drops to just 30%, you're basically sentenced to “death” by the market.
Many people don’t lose because of the market, but are dragged down by luck. The K-line breaks through the support level while still stubbornly holding on to "waiting for a rebound," the buying logic is shattered yet still clinging to "what if," and when it’s time to cut losses, they "wait and see," only to find their account shrinks from five digits to three.
The newcomers I train always ask: "Why can’t I recover from losses?" The answer is painful: you’ve lost too deeply and can’t climb out of the pit.
Market "veterans" all do one thing: set a "ceiling" on losses.
I have three strict rules in my own trading: don’t touch what you don’t understand, run immediately if you’re wrong, and stop when the trend deviates from expectations.
There are many ways to cut losses: fixed ratios, structural breakouts, trailing stops are all fine, but the core principle is one: don’t let a single impulse kick you out of the game.
There will always be the next wave in the market, but when the principal is lost to the brink, no matter how great the opportunity, there’s no strength left to chase it. To stand firm, remember: mistakes can be corrected, don’t mess up your position; you can change direction, don’t drag down your account.
Those who can make it to the end are the ones who understand to "prioritize safety" first.
It’s not that you’re not trying hard enough, you’re just blindly wandering in the dark of trading.
I have a light here; if you don’t keep up, you’ll only be trapped in the vicious cycle of "losing to make up for it, making up only to lose again." #美联储重启降息步伐 #加密市场观察 #比特币VS代币化黄金 $BTC
