If the market is not good, reflect more, summarize more, and try to improve your trading system as much as possible What I want to focus on today is why I always lose money when trading! The fatal trap of losing money in trading: the underlying logic of repeatedly harvesting capital, where small profits are not taken away, small losses are taken away, and even large losses are not taken away. In the trading market, there is a heart wrenching saying: "Novices die from chasing high prices, veterans die from carrying orders, and the vast majority of people die from the repeated tug of war where they panic when they make a little profit and fear when they lose a little Making small profits and running away with small losses may seem like two independent operational mistakes, but in reality, they are the result of the same "devil seed" - the imbalance between greed and fear, turning trading into a "boiling frog" style capital consumption war. The lethality of this operating mode lies in the formation of a 'negative loop loop' When making a profit, I always feel like 'there's still room for a little more increase', and my greed pushes me to hold onto my position. As a result, the market reverses, and the gains turn into losses When losing money, the fear of "whether or not I will lose more" gripped my heart, and I hurriedly cut losses and left the market. Just as I cut my losses, the market rebounded again. Going back and forth, without making any trend money, the accumulated losses from fees, slippage, and stop loss have become a bottomless pit for the principal. Recently, many trading failures have been due to this reason. When you are afraid of losing, you don't want to lose. As soon as you stop loss, you rebound. This often results in the stop loss being at the lowest point, and the orders that could have been earned are lost. After a long time, they disappear, and your mentality collapses! Alas, this has been happening frequently lately, especially during the wave when DASH rose from 55 to over 90. Those who could have made a big profit were repeatedly rubbed against, and when they got the right direction, they still ended up losing a lot and leaving. Whether you think it's unfair or not, the vast majority of people lose money because of this. After understanding these, let's try our best to overcome them in trading, so that we can go further and further on the road of trading