Don't always ask "Can it go up?" First ask yourself "How much can I lose?"

Before entering a trade, many people are full of one question: How much can I make on this trade?

Can it double? Can it rise another 10%? Can I catch this big wave?$SLX

But what truly determines whether your account can survive long-term is never how much you can make, but how much you will lose when it goes against you.

I know a friend who trades futures. He went long$ETH , and shortly after entering, he was up 3% in unrealized profit. He was extremely excited, thinking he had caught the rhythm again. I asked him: "Did you set a stop loss?"

He said: "No need, I don't think it will drop."

I laughed when I heard that. I said: "You're not trading, you're wishing."

Not long after, the market made a sharp move down, not only wiping out all the profit but also taking a big chunk of his principal. Later he asked me why he could never hold onto profits or protect his account.#美光市值超越Meta跻身全美前十

The reason is simple: he only thought about how to win, but never thought about how to lose.

A truly mature trader, before placing an order, thinks not about target profit but about risk boundaries. They first calculate: if the market moves against them, what's the maximum loss? If the stop loss is triggered, how much capital remains in the account? If this trade fails, will there be a chance for the next one?$BTC

So before every entry, ask yourself three questions:

First, if the market drops 5%, can I accept that loss?

Second, has the stop loss been set in advance?

Third, if this trade loses, do I still have enough capital to wait for the next opportunity?#哥伦比亚VS葡萄牙

If you can't answer these three questions, then the best option is often not to open a position, but to keep waiting.

Because trading is never a game of prediction, but a game of risk management. The market does not reward the most optimistic, but it will eliminate those who never consider risk.

Remember one sentence: Before you want to make money, first learn to accept losses; before you want to catch a big trend, first ensure you won't be eliminated by the market.

When you start to habitually calculate risk first and then consider reward, your trading mindset is truly mature. After all, only those who can withstand losses are qualified to wait for their own profits.#0成本拿2股SK海力士