Many people's trading accounts resemble a reverse mirror: they stubbornly hold on when losing, refusing to cut losses, but become impatient and run away when making profits. Where exactly is the problem?

Imagine this scenario—Bitcoin retraces 25%, and you're still holding on tightly. When it rebounds to a 5% profit, you turn around and exit. This seems like "protecting profits," but in reality, you're risking huge losses to gain a tiny return. Mathematically, this approach is destined to be worn down over time.

Behind this lies two major human pitfalls. When floating losses occur, as long as you haven't closed the position, you can deceive yourself psychologically into thinking "it's not a real loss yet." To avoid this certain pain, you're willing to keep increasing your bets, fantasizing about a market reversal. When your account turns green again, you become nervous—afraid that the profits you've gained will slip away. In order to lock in this "certain happiness," you end up missing the opportunity to capture larger gains.

From another perspective, how can a trading system with only a 46.51% win rate still achieve impressive results? The secret lies in risk management. When a stop-loss is triggered, immediately withdraw; never let losses snowball. When the right trend appears, follow the momentum closely, and avoid rushing to lock in profits prematurely.

The key difference is this: many traders can't wait to exit at 5% profit, but they only participate in the "stop-loss part" of the system, missing out on the "explosive part." The true profit logic should be the opposite—using 1 unit of risk to gain 3 or even 10 units of return, rather than turning oneself into a high-risk, low-return gambler.