Many people say that the biggest problem for retail traders is frequently opening trades.


But in fact, most people are not addicted; they are broke.
You only have a few thousand U.S. dollars, watching the market fluctuate hundreds of points a day, you simply can't remain indifferent.
Every fluctuation looks like a chance to turn things around in your eyes.
$LAB Because you know, if you miss it, you might have to wait a long time again.
Those principles of “trade less, wait more, hold long-term” are actually more suitable for large funds.
But small funds are different.
Waiting three years to double your money sounds stable, but in reality, during those three years, life, emotions, and the market can push you off the ride at any moment.
Not to mention the crypto world.
24-hour volatility, contracts amplifying emotions infinitely, when the market says pull, it pulls; when it says crash, it crashes.
You don’t move, afraid of missing out; you move, afraid of making mistakes.
$ETH So, what many retail traders truly want is never “steady profits.”
They want to hit it big first, to grow their principal.
Because only when the principal is large enough do you have the right to talk about position sizing, rhythm, and long-term holding.
So many people start to believe in odds.
Always thinking of catching one big move, to cover ten small gains at once, to turn things around early, and avoid years of detours.
The problem is, most people don’t even get that one big move before they’re already dead in the chaos of their early trades.
Heavy positions, holding through, no stop-loss, random take-profit.
They want to gamble, but also hope to be stable.
In the end, they get wiped out and start to suspect that the market is targeting them.
But in reality, the market doesn’t even know who you are.
The real problem is, you keep trading like a gambler.
Frequent mistakes with small funds are actually okay.
$BTC But the premise is, at least you need to know why you opened that trade, how to exit when wrong, and how to take profits when right.
Otherwise, you’re not trading.
You’re just slowly sending your principal back to the market.
Many people are in the same state right now:
Afraid to hold cash, yet always making mistakes; want to gamble big, but fear losing everything in one shot.
But those who can really get out of it, in the end, are not relying on luck.
It’s whether they can first master the basics.
How to cut losses, how to take profits, how to control position size.
The market never lacks opportunities.
What’s lacking is whether you have the ability to survive until the next one.
LAB5.28%
ETH-2.13%
BTC-1.74%
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
DongyunLai
· 05-23 12:38
A bunch of reasons for V0.
View OriginalReply0
  • Pinned