There are no "temporary victories" in trading; a bad decision can ruin an entire career.
You are not losing to the market, you are losing to yourself.
This year has been extremely volatile, and many people have lost money. But what I want to talk about are not those who have long-term losses, but those traders who were originally profitably stable and highly capable, yet have recently given back a significant amount of their profits.
What is the most painful thing? It is watching months or even years of effort turn to ash overnight.
Just like Sisyphus in Greek mythology, who pushes a boulder up a hill again and again, only to watch it roll back down each time. This sense of despair is something many traders understand.
In this game of trading, there is no "guarantee." One mistake may mean you can never get back up.
When the boulder rolls down, people usually have only two reactions:
The first type is the gambler's obsession. When they lose, they want to immediately turn it around, frantically increasing their positions, buying more the more they lose. Isn't this the Martingale trap? Occasionally winning once makes you think it's skill, but in reality, it's developing a habit that leads to certain failure.
The second option is to give up completely. Especially for those who were doing well economically, when they incur losses, they say "the market is failing" or "I am not suited for this," when in fact, they are just afraid to face risks again. This is equivalent to ending their trading career themselves.
Both of these are evading the real issue.
What is the real issue? It is that there are loopholes in your risk management system.
You know when to cut losses, you know how to control your position, but you just can't do it. Why? Because of emotions, arrogance, pressure, fatigue… The market is best at tearing open the gap between you and rationality.
What to do after losing?
First, recognize.
Don’t blame luck, don’t blame the market. This loss is caused by a bug in your trading system. If you don’t fix it, it will explode again next time.
Second, forget.
Forget your historical highs. Stop thinking about "getting your money back"—this is the most dangerous obsession. Your current goal is not to break even, but simply: make a profit on the next trade.
Third, learn.
This loss is the tuition you pay to the market. It has exposed a fatal flaw in you. Be grateful that the tuition was paid relatively early. Turn it into a moat in your trading system, so that in the future, if others want to cross it, they will also have to pay a price.
Most losses come from: over-leveraged positions, not setting stop-loss orders, and not executing stop-loss orders.
Write these rules, engrave them on the screen, and stick them on your forehead.
Rules are the only barrier between you and collapse.
Give yourself some time to be sad. Shout it out, cry it out, even break a cup if you want. But don't get stuck in it.
A true strong person turns pain into action and transforms trauma into rules.
You are not seeking revenge, nor are you trying to save yourself. You need to be like a machine: calmly fixing the vulnerabilities, rebuilding the system, and ensuring that this mistake never happens again.
Every failure will give you an extra layer of armor. And this layer of armor can only be earned through personal experience.
It is those who break you that will ultimately shape you.
Be grateful for failure; it comes to teach you something.
Let it hurt, then let it become a pit you will never step into again.
The reason these things are difficult is that —
Once you do it right, the growth of wealth is just a natural result.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
There are no "temporary victories" in trading; a bad decision can ruin an entire career.
You are not losing to the market, you are losing to yourself.
This year has been extremely volatile, and many people have lost money. But what I want to talk about are not those who have long-term losses, but those traders who were originally profitably stable and highly capable, yet have recently given back a significant amount of their profits.
What is the most painful thing? It is watching months or even years of effort turn to ash overnight.
Just like Sisyphus in Greek mythology, who pushes a boulder up a hill again and again, only to watch it roll back down each time. This sense of despair is something many traders understand.
In this game of trading, there is no "guarantee." One mistake may mean you can never get back up.
When the boulder rolls down, people usually have only two reactions:
The first type is the gambler's obsession. When they lose, they want to immediately turn it around, frantically increasing their positions, buying more the more they lose. Isn't this the Martingale trap? Occasionally winning once makes you think it's skill, but in reality, it's developing a habit that leads to certain failure.
The second option is to give up completely. Especially for those who were doing well economically, when they incur losses, they say "the market is failing" or "I am not suited for this," when in fact, they are just afraid to face risks again. This is equivalent to ending their trading career themselves.
Both of these are evading the real issue.
What is the real issue? It is that there are loopholes in your risk management system.
You know when to cut losses, you know how to control your position, but you just can't do it. Why? Because of emotions, arrogance, pressure, fatigue… The market is best at tearing open the gap between you and rationality.
What to do after losing?
First, recognize.
Don’t blame luck, don’t blame the market. This loss is caused by a bug in your trading system. If you don’t fix it, it will explode again next time.
Second, forget.
Forget your historical highs. Stop thinking about "getting your money back"—this is the most dangerous obsession. Your current goal is not to break even, but simply: make a profit on the next trade.
Third, learn.
This loss is the tuition you pay to the market. It has exposed a fatal flaw in you. Be grateful that the tuition was paid relatively early. Turn it into a moat in your trading system, so that in the future, if others want to cross it, they will also have to pay a price.
Most losses come from: over-leveraged positions, not setting stop-loss orders, and not executing stop-loss orders.
Write these rules, engrave them on the screen, and stick them on your forehead.
Rules are the only barrier between you and collapse.
Give yourself some time to be sad. Shout it out, cry it out, even break a cup if you want. But don't get stuck in it.
A true strong person turns pain into action and transforms trauma into rules.
You are not seeking revenge, nor are you trying to save yourself. You need to be like a machine: calmly fixing the vulnerabilities, rebuilding the system, and ensuring that this mistake never happens again.
Every failure will give you an extra layer of armor. And this layer of armor can only be earned through personal experience.
It is those who break you that will ultimately shape you.
Be grateful for failure; it comes to teach you something.
Let it hurt, then let it become a pit you will never step into again.
The reason these things are difficult is that —
Once you do it right, the growth of wealth is just a natural result.
Don't escape, don't be anxious, don't give up.
Calm down and fix your system.
We will see you in the market. #加密市场小幅回暖 #现货黄金再创新高 #BTC #ETH