Do you know why you can’t make money💰?


At the very least, the basic problem is a lack of understanding of trading fundamentals—high-frequency operations, going all-in on a single bet, and so on. That can only lead to losses. And if you go around looking for other people to “free-ride” their entry points, then if you can still make money💰, then even fools could do it.

So many people find me. First, I see whether this person has the potential to trade. If they’re naturally just gamblers, I don’t want to lead them or teach them at all.
1. Make small profits and run; hold big losses and die (a loser’s game)
This is the most lethal one. Human nature hates losses. When you’re making money, you want to “secure the profits and lock them in” (make 10% and run); when you’re losing money, you want to “get back to break-even and leave” (lose 20%—but stubbornly refuse to stop). The result is: you cut off your profits and let losses run. As long as you’re wrong once on a big loss, all the previous nine small wins were for nothing.

2. The win-rate trap (frequent trading)
You always want to catch every little move. If you don’t trade for a day, you start itching. The more frequently you trade, the more your fees get worn down, and the higher your mistake rate becomes. 80% of the time, the market is ranging. In a range, constantly going long and short to try to capture every swing usually ends with getting slapped in the face over and over.

3. Turn “luck” into “ability”
When you make money in a bull market or when things are going well, you mistake it for insight, so you increase your position size. The money you make by luck will, in the end, be lost back by “ability,” because your system hasn’t been validated through a complete bull-and-bear cycle.

4. Positions are always “all-in in one go”
You don’t understand capital management—you end up full port at the drop of a hat. Even if you’re right about the direction, a normal pullback (20%-30%) will shake you out. Once your principal is gone, even if the price later rockets, it has nothing to do with you. $RIF R​I​F​U​0.1 perpetual +38.67% ‌$PROM
RIF-2.96%
PROM-6.10%
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