Did you know? Most people lose money not because they can't read the market accurately.

It's because they choose to gamble when it's time to stop.

I have a friend who, last year, when his floating loss on a popular coin reached 10%, was still quite optimistic—"The market is still there, it will rebound." But what happened? Three months later, his loss expanded to 50%. By then, he no longer had the courage to cut his losses. As a result, his account completely collapsed on the eve of a potential reversal.

That was when I realized: the biggest regret isn't the loss itself, but knowing you're wrong and still saying "wait a bit longer."

It sounds like a struggle with money, but actually, it's a struggle with yourself.

The phrase "losing is losing" sounds cruel, but deep down, it means: I am responsible for my judgment. Conversely, what is the hidden meaning behind "waiting for a rebound"? It's that I don't want to admit defeat and I expect the market to save me. This isn't trading; it's using your account balance to pay for your ego.

So the problem isn't the market, but your mindset.

If you always hesitate before the stop-loss line, you must understand these three points:

**First, stop-loss is the cost to stay in the game.** Just like paying rent to run a store, stop-loss is your "ticket fee" in the market. Those who refuse to pay will eventually be kicked out.

**Second, luck is the number one enemy.** When the thought of "waiting a bit longer" pops up, ask yourself: if I close my position now, would I buy at this price? The answer is "no"? Then it's time to cut losses. There is no third answer to this question.

**Third, use rules to suppress emotions.** Establish a set of unconditional stop-loss discipline: exit at the set point, don't look at charts, and don't fuss over small amounts. After stopping out, don't rush to open new positions; give your brain time to cool down. After consecutive losses, force yourself to take a break, because when the market rhythm doesn't match your strategy, pausing trading is the highest level of risk management.

When you truly see stop-loss as "paying a small amount to keep participating," rather than "a sign of giving up," your trading will undergo a qualitative change. Losses become predictable and controllable, and account drawdowns stay within a safe range. Your mindset shifts from "fear of missing out" to "fear of losing control."

The difference between top traders and ordinary people isn't who is better at finding buy and sell points. It's whether, when facing losses, one admits mistakes immediately, and the other pretends not to see.

Next time you're hesitating in front of the candlestick chart, ask yourself: Am I analyzing the market, or am I comforting myself?

This answer determines the direction of your account.