Looking at PIPPIN's trend, it really hits hard. This project peaked at a profit of 6 million USD in October, but has now retraced to only 2 million USD, not including the current unrealized loss of 1.5 million USD. The fees alone have already paid 2.5 million USD—when you do the math, even big players feel there's little profit to be made, let alone retail investors.

This actually reflects a very real market rule: it is always right. You might win 100 small trades, but as long as you lose one big, unmanageable trade, all your gains will vanish into thin air. Money management and risk control have been emphasized countless times, but in reality, it's easy to be blinded by greed once you're in the account. PIPPIN's recent correction serves as a vivid example, reminding us — the market is never short of opportunities; what’s lacking is the wisdom to survive and come out ahead.