Eighty percent of wealth comes from 20% of the golden trading strategies, and not every trade can significantly increase your position; some trades require small wins and small losses to exit in order to protect the principal.

And there happen to be many traders in this market who go against this principle, increasing the cost of trial and error. Once the funds seriously shrink, it takes many times the effort to recover, which is not worth the loss.

Traders become extremely greedy when they keep making money, they make a profit, then profit again, open with small positions, regret not going all in, then increase their stakes on the next trade, and then... it’s gone...

Traders become extremely panicked when they are losing money, they lose money again, dare not open new trades, stop thinking about making money, the goal seems too distant, now all I want is to get back what I lost, damn the exchange for taking my money, I’m done playing.

This is a true reflection of human nature... Does it make some sense?