Last night's story kept spinning in my mind, and I couldn't help but want to share it with everyone.

A friend of mine had 50,000 yuan in his account, staring at the screen at a huge downward candlestick—15 minutes, and it was all gone. The problem wasn't about technical skills or delayed news, but rather that he repeatedly crossed the most basic bottom lines in trading. This tuition fee was paid with real money.

**Don't trade when you're exhausted**

Have you ever experienced such moments? Just finishing overtime late at night, your mind still foggy, suddenly seeing the market move, and your fingers itch to act. Or after a fight with family, feeling bad, wanting to "win it back" in the market. At these times, your judgment isn't at 100%. The market never shows mercy; it only amplifies every mistake you make. When you're exhausted, turn off the app and go to sleep—markets are open 24/7, and they don't need you this time.

**Distraction is the fastest meat-cutting machine**

Family sitting around watching TV, friends chatting excitedly in group chats, you trying to handle everything while sneaking peeks at the K-line—this is why many miss the best buy/sell points or place baffling orders. Trading seems simple, but in reality, it requires full concentration. The cost of multitasking is often much greater than you think.

**FOMO is the fastest scythe for harvesting**

"Feels like this wave is going up, go!"
"Look, everyone is making money, I have to follow the trend!"
"This coin is so hot, I can't even buy in time—"

This impulsive emotional trading is a trap set by the market specifically for retail investors. If you don't understand the market, don't touch it. Opportunities that go beyond your original plan don't belong to you. Greed is the cause of death in trading.

**Stay calm and observe at major turning points**

Important data releases, holidays approaching, liquidity drying up—these times are prone to flash crashes, and extreme market movements can happen at any moment. Smart traders will honestly watch the show instead of rushing into the eye of the storm.

**Stop after losses**

This is the most crucial point. After consecutive losses, you'll develop a distorted mindset: you must win back immediately. So cautious operations turn into reckless gambles. The result? The hole gets bigger and bigger. When this happens, one word: stop. Turn off the software, go outside for a walk, clear your mind.

**Final words**

Control your hands, and you'll protect your capital. There will always be market opportunities, and opportunities are never lacking. But once your capital is gone, no matter how many chances come later, they won't be yours anymore. To survive long-term in this market, it's not about who makes the most money, but who survives the longest.