#美联储重启降息步伐 Why do some traders lose more the longer they trade? The core issue actually isn't technical—it's psychological.

The longer you stay in the crypto space, the clearer one truth becomes: many people appear to be "trading coins," but in reality, they're betting against their own emotions. The fluctuations in their accounts often reflect not the market conditions, but a loss of control over their mindset.

Let's look at a few common scenarios. Some people throw all their funds in at once, and when the market reverses even slightly, they panic and want to sell immediately to cut their losses. Others stay on the sidelines with no position, and when the real move comes, they can only watch helplessly and regret it afterward. But those who keep a reasonable position? They're calm and steady, their equity curve rises smoothly, and they can handle ups and downs with composure.

What's the difference? It comes down to three iron rules you have to follow.

**First, reject all-in gambling**

When you put all your chips on the table, trading turns into gambling. Gamblers rely on luck, but traders should rely on probability and risk management. No matter how right your judgment might be, a single all-in can wipe you out instantly. Even mainstream coins like $BTC and $ETH aren’t stable enough to justify this approach. True trading is about seeking certainty amid uncertainty, not putting all your eggs in one basket.

**Second, don't stay completely out of the market for long periods**

People who are completely out of the market gradually lose their sense of what's happening. When the market moves dramatically, they feel nothing, and by the time they react, the opportunity is long gone. Without the real sense of participation that comes from holding positions, it’s hard to maintain a sharp feel for the market pulse. Frequent liquidators often miss the most crucial rallies and end up buying high, falling into a vicious cycle.

**Third, adjust your position size to your comfort zone**

How do you know if your position size is right? Here's a practical method: if you can sleep soundly at night, your position is just right; if you toss and turn, it's too heavy; if you feel nothing at all, it's too light. The proper position size should let you sense market movements without letting your emotions spiral out of control.

Personally, I stick to about half my portfolio invested. If the market drops, I don't despair; if it rises, I don't get carried away—the mindset stays calm, never swayed by every little 15-minute candlestick. Some call this "Zen trading," but that's not it. True experts treat every trade as a round of a game—if they lose, they review and look for problems; if they win, they accumulate experience and insights. Their mentality always evolves in a better direction.

This has little to do with whether you understand technical indicators or can read charts. Fundamentally, trading is a dual game of managing both position size and emotions. Treat your capital as your gear, your stop-loss as your shield, and your trade reviews as your strategy guide. Play it steady, and upgrading from "beginner" to "expert" is actually not that hard.

Many people see trading as a life-or-death matter, as if one mistake means total ruin. But it should be treated as a turn-based game—you win some, you lose some; take opportunities when they come, learn when you lose. Next time the market moves, you'll see that the traders who know how to control their position size and emotions have already calmly set up their strategies.