When it comes to trading, no one can hit the mark every single time. Choosing the wrong direction? That can happen to anyone.

You all know how quickly market changes can occur—an official policy announcement, a sudden capital movement, an international event—these can instantly reverse what seemed like a certain trend. Even the most experienced traders are not immune to misjudgments; this is not a matter of ability, but the inherent uncertainty of the market itself.

The real problem doesn't lie here. The frightening parts are twofold: first, refusing to admit defeat no matter what; second, having no contingency plans.

Many traders have taken losses, but ultimately, it's not the initial misjudgment that causes the biggest damage—single mistakes can usually be controlled within a certain range—but the series of subsequent decisions. Clinging to the hope that "the market will come back soon," and stubbornly holding onto losses, often results in small losses turning into large ones. Some get completely confused when the market suddenly shifts, unsure whether to cut losses in time or hold on, and end up being swallowed by market volatility.

"I wish I had closed my position earlier" "If only I hadn't chased the high back then"—these thoughts only drain your energy and mental state over time, offering no real help in trading.

Instead of dwelling in regret, lift your head and look forward. Make decisive adjustments, timely reallocate your positions, and treat this mistake as a lesson, preparing thoroughly for the next trade. You can't avoid market fluctuations, but you can control how you respond. Only then can you navigate the ups and downs steadily.