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Day Ninety-Three · Making Peace with Losses
In the past, when I lost money, my first reaction was resistance.
Why should I accept it? My analysis was correct, my logic was sound, so why did the price drop? So I increased my position, averaged down, trying to prove that the market was wrong.
But in the end, the market simply didn't care about me; it continued on its path, and I kept losing.
Later, I slowly understood: the market doesn't need to prove anything to anyone.
When it rises, there are reasons for it; when it falls, there are reasons for that too.
But those reasons and explanations are not necessarily ones I can understand.
Learning to admit losses is the hardest lesson in trading.
It's not about giving up; it's about acknowledging that this time, the market was not on my side.
Then close the position, exit, and wait for the next opportunity.
Don't argue, don't retaliate, and don't try to quickly recover the lost money.
Because you know, emotional trading will only turn a small pit into a big one.
When I was floating in losses, I started asking myself: if this wasn't a loss but tuition paid, what did I learn?
Is what I learned worth the price?
If it is, then it's not a loss but growth.
Day Ninety-Three, no longer fighting the market.
It moves on its own, I follow mine.
When I can't keep up, I stop and wait for the next train. #WCTC交易王PK