#ETH巨鲸增持 $BTC $ETH

If you’re trading contracts, do you really know how to cut your losses?

To be honest, in this market, the ones who end up losing the worst aren’t usually those lacking technical skills, but those who simply refuse to admit when they’re wrong.

In a choppy market, you open a 2x leveraged position, get stuck and try to hold out—if you’re lucky, you might break even. But have you ever experienced a one-sided market? Like when Bitcoin jumps from 110,000 straight to 126,000—that’s when you’re not just holding a position, you’re holding onto a knife. Your account goes from red to deep red, and at that point, you’re not even thinking about how much you can make, but “how much longer can I last?”

That’s why I always think, for people who truly know what they’re doing, their first thought before opening a position isn’t about profit targets, but about their loss limit.

How much of this money can you afford to lose? 1% of your principal? 2%? Figure out that number first, then work backward to set your stop-loss price. That’s how a real trade should start. Many people do it the other way around—they look at how much they can make, and once they start losing, they panic and have no idea where to cut their losses.

Cutting losses is never something to be ashamed of. Admit you’re wrong if you got the direction wrong, get out if your entry wasn’t right—come back next time. That’s a hundred times smarter than being stuck and unable to move. Taking a loss hurts, but it’s over quickly; holding on can be fatal.

What’s the worst thing? Letting your contract position turn into a “long-term hold.” Not touching it for half a month or closing the position for half a year, calling it “sticking to your beliefs,” when in reality, your entire account is being held hostage by one bad decision. Not only is your capital locked up, but your attention is too—when new opportunities come, all you can do is watch because your position is tied up in that mess.

This is the worst kind of trade: using all your future possibilities to keep paying for a single past mistake.