Recently, I saw someone discussing trading losses again, and it still comes back to that old saying: "Seek wealth in danger." But that phrase is actually only the first half; many people don't understand the full meaning.

The ancients already explained it clearly: Desire arises from the heart, greed grows from the edge of courage. Trading is like this—initial greed often stems from the illusion of quick wealth. But here’s a key point that many overlook: yes, wealth is sought in danger, but losses are also thrown away in danger. What's the difference? When seeking, there's only a one in ten chance of success; when losing, there's a nine in ten chance of losing money.

In my years of trading, the biggest lesson I've learned is understanding this asymmetry. You might spend half a year carefully planning a strategy, and in the end, only one out of ten trades will go as expected. But when it comes to losses, it’s different—one careless mistake or a wrong move can wipe out all the previous gains. That’s why risk control is so important.

Whether you use algorithmic trading or manual operations, remember one thing: when you're staring into the abyss of the market seeking opportunities, the market is also staring back at you. It won't spare you just because you're smart, nor will it always favor you just because you're lucky. So instead of thinking about how to seek wealth in danger, it's better to first build a solid risk management framework to ensure you can survive when losses come.

Recently, watching the market on Gate, I’ve gained a deeper understanding of this. Although mainstream assets like BTC and ETH are highly volatile, it’s precisely because of this that stricter risk management is needed. Respect the market, respect those unpredictable fluctuations—this is the survival rule for long-term trading.