How to avoid losing money can be summed up in three words: less daydreaming. We always daydream that xxx is the next-generation IP, then go crazy convincing ourselves. We always daydream about xxx in futures and spot trading, then keep doubling down even after losing. We call it 'accepting the gamble and its outcome,' but in reality, it's a lack of market understanding and overestimating ourselves. Why do others always seem to get big wins? Lottery shops may give out jackpots, but did you win? Long-term strategy: less daydreaming, give up fantasies. Do more research, and stick to strict stop-loss rules.