Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The previous trade was like dancing on the edge of a knife. The close position line was stuck at just above 3097 points, and the market data peaked at 3099—just two points away from liquidation.



My heart almost stopped, but fortunately the price fell back. Seeing that my account had a floating profit of over a hundred dollars, I almost reflexively closed my position.

But after calming down, I began to ponder a question: why is it that when making a profit, I always think about taking the money and running, but when I incur a loss, I can endure it until the end of time? Does this operation logic of "taking small profits quickly and holding on to large losses" actually become the root cause of most people ultimately losing money?

Perhaps it's time to reevaluate your trading system - how should the standards for take profit and stop loss be set? It cannot be based solely on feelings and luck.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
TestnetFreeloadervip
· 5h ago
To be liquidated with just two points, what a strong mentality that is. Just thinking about it makes my legs weak.
View OriginalReply0
DeFiGraylingvip
· 18h ago
I'm going to say that it's really absolute when the position is blown up at two o'clock, and this mentality problem is the killer thing
View OriginalReply0
consensus_failurevip
· 18h ago
Just two more points, it makes me sweat for you, the crypto world is just this thrilling. Actually, you are right about this contradiction, taking small profits and holding on to big losses is a common problem among suckers. It's good to be able to exit during this pullback in time, don't be greedy, it indeed needs to be put on the agenda to systematize take profit and stop loss.
View OriginalReply0
SeeYouInFourYearsvip
· 18h ago
This is the psychological account at work, when losing, stubbornly holding on is the gambling mentality hoping for a turnaround, but when making a profit, just a slight tremble and off you go. Earning small and losing big is always the Achilles' heel of the retail investor; one must find the rules they can truly stick to. Almost all the points blew up, and thinking back on it indeed makes one break into a cold sweat. Next time, there must be a clear plan; you can't rely solely on reactions scared out of the market data.
View OriginalReply0
QuietlyStakingvip
· 18h ago
Just two more points, this is really amazing, I feel like my heart is about to stop. Making quick money and running, losing big money and holding on, that's me, brother, it's a daily cycle. Take profit and stop loss must have rules, otherwise it's just gambling. This time I'm lucky I wasn't liquidated, I'm lucky. Actually, it's just that my mental preparation wasn't done well, next time I need to be tougher.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)