Day 68,

When trading, you really don't need to worry about how much capital you have. Once you truly understand the principles and are able to make stable profits, the amount of funds isn't a problem. Even if you only have 10,000 in capital, it's possible to earn a hundred over a few years. However, if you haven't had that realization, even if you have 1 million, it might be swallowed up in a very short time. Therefore, before you reach that understanding, I suggest you start with a small amount of capital to learn properly.
Have you ever experienced this: just as you close a position, you watch the market soar, and you feel like slapping your thigh in frustration? Don't blame yourself; this is not just your problem. Most traders in the market feel distressed about closing profitable positions too early. To solve this issue, we must first identify the fundamental reasons behind our decision to close a position. When your account shows unrealized gains, your brain is engaged in a struggle. Rationally, you know the position is still valid and should be held, but your instincts are screaming to run, to avoid letting profits slip away, creating an illusion that if you don't secure the gains, you'll lose them. In the end, instinct often triumphs over reason. Why is this? Psychology tells us that we have different feelings toward certain gains and certain losses. Compared to the pursuit of maximizing profits, we usually care more about minimizing risks.