In trading, no one can make a profit on every single trade. But what really ruins people isn't necessarily seeing the wrong direction, but rather losing control of their positions step by step—losing more and more until it exceeds their psychological tolerance, and then they break down.
Before placing an order, people are most clear-headed, but once real money is involved, rationality starts to doze off. Expectations and fears take turns taking over the mind. You tend to habitually ignore signals that are unfavorable to you and instead magnify every small favorable fluctuation. Most intra-day decisions are essentially driven by emotion.
Want to change this situation? Before opening a trade, ask yourself four questions—miss none:
First, what is the logic for entering? It must be a clear signal, not just a feeling like "I think it will go up."
Second, where is the stop-loss point? Find key support or resistance levels, don’t set it arbitrarily.
Third, where is the target zone? What is the expected profit-taking range?
Fourth, can you withstand the worst-case scenario? Is your position size heavy enough to affect your sleep?
If any one of these four questions has no answer, don’t move your hand.
Regarding take profit, don’t always try to eat the last piece of meat. Markets will eventually end, and earning within your understanding is enough. Too many people reach their expected target zone but continue to hold out of greed, resulting in not only profit retracement but also losses. That kind of blow is double.
A safer approach is to take profits in stages, leaving some core position to follow the trend. As long as you plan your target before opening a trade, you must follow through. The extra profit is luck and not worth sacrificing trading discipline for.
Trading is fundamentally about the strength of planning and execution, not about how precise your predictions are. The market never disappoints those who can control themselves. Those who trade long-term and earn steadily rely on this set of principles.
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GhostWalletSleuth
· 9h ago
That's so true, losing control of your position is the real killer. I've seen too many people die from greed, clearly reaching the take-profit point but still holding on stubbornly, only to lose everything in a gap down.
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BearMarketSurvivor
· 9h ago
That's so true, I've seen too many cases of position loss getting out of control.
Greed is really the poison of trading. Even when reaching the target range, some still insist on holding on stubbornly, only to end up shooting themselves in the foot.
Planning and execution are more important than anything else; living longer depends on discipline, and that's no lie.
You can't skip any of the four questions; it's the foundation for survival.
Taking profits in batches has really saved me several times; otherwise, I would have been liquidated early.
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ThreeHornBlasts
· 9h ago
That's very true. Losing control of your position is really the biggest pitfall. I myself didn't set a proper stop-loss before, kept holding on and holding on, and in the end, it just爆了.
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SignatureLiquidator
· 9h ago
Exactly right, but executing it is extremely difficult. I'm the kind of person who is incredibly rational before placing an order, but once I enter the market, I start self-hypnotizing.
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GasFeeNightmare
· 9h ago
Late at night, I saw this kind of "manage your positions well" motivational quote again, and it reminded me of the story where I saved 0.8u by calculating gas fees for three hours, only to lose 200 bucks on a single order.
I just want to ask, are there only four questions, or is there a fifth one: should you go to sleep instead of staring at the screen?
Partial take-profit sounds good, but only if you have discipline. And someone like me, who has to look at the gas tracker five times, how can you expect me to have discipline?
The most painful thing isn't losing money, but the feeling of watching yourself know you should cut losses but just can't bring yourself to press that button.
In trading, no one can make a profit on every single trade. But what really ruins people isn't necessarily seeing the wrong direction, but rather losing control of their positions step by step—losing more and more until it exceeds their psychological tolerance, and then they break down.
Before placing an order, people are most clear-headed, but once real money is involved, rationality starts to doze off. Expectations and fears take turns taking over the mind. You tend to habitually ignore signals that are unfavorable to you and instead magnify every small favorable fluctuation. Most intra-day decisions are essentially driven by emotion.
Want to change this situation? Before opening a trade, ask yourself four questions—miss none:
First, what is the logic for entering? It must be a clear signal, not just a feeling like "I think it will go up."
Second, where is the stop-loss point? Find key support or resistance levels, don’t set it arbitrarily.
Third, where is the target zone? What is the expected profit-taking range?
Fourth, can you withstand the worst-case scenario? Is your position size heavy enough to affect your sleep?
If any one of these four questions has no answer, don’t move your hand.
Regarding take profit, don’t always try to eat the last piece of meat. Markets will eventually end, and earning within your understanding is enough. Too many people reach their expected target zone but continue to hold out of greed, resulting in not only profit retracement but also losses. That kind of blow is double.
A safer approach is to take profits in stages, leaving some core position to follow the trend. As long as you plan your target before opening a trade, you must follow through. The extra profit is luck and not worth sacrificing trading discipline for.
Trading is fundamentally about the strength of planning and execution, not about how precise your predictions are. The market never disappoints those who can control themselves. Those who trade long-term and earn steadily rely on this set of principles.