It’s the weekend, so I want to seriously write something for beginners and for friends who are currently dealing with losses.

I’ve found that most people trading contracts have a common problem: the moment they enter, they want to make money right away. After just a bit of sideways movement for half an hour, their mindset collapses. They either want to cut (their losses)—sell in panic—or they start shouting in frustration, acting like it’s the end of the world.
Floating losses are part of the process, and it’s a kind of game. Getting out with profit is the goal—the result. I’ve always believed that losses and floating losses are the true beginning of your growth in trading. Just like life can never be perfect, we need to accept those imperfections and learn lessons and experience from them.
I think the following points are especially important:
First, you must have a trading plan.
Before entering, you should think it through: Why are you entering? What signals are you seeing to enter? Don’t rush in just because you feel like it. Don’t trade emotionally, and don’t be afraid of missing out on the move. It’s better to wait for a good position—otherwise, it’s better to stay in cash and do nothing.
Second, you must use a stop-loss.
Not using a stop-loss isn’t courage; it’s gambling. Every wave of market fluctuation can knock you out directly, with no chance to stage a comeback.
But this point is somewhat controversial. Personally, I think you should decide according to the situation in trading; otherwise, getting taken out by the main force’s (big players’) manipulation and having your stop-loss hit is pretty uncomfortable.
Third, position sizing.
Don’t go all-in right away. Leave yourself some “bullets.” The market offers opportunities every day, but if your principal is gone, then you have nothing left.
Fourth, and the most important of all, mindset.
Market fluctuations are normal. If you can’t hold your position, fundamentally it isn’t a problem with the market—it’s that you haven’t accepted that “floating losses are part of trading.”
People who can make big money are those who can hold up through the process, not those who start making emotional, impulsive moves at the first sign of volatility. If you don’t understand what I mean, you can read the quotes from Jesse Livermore, the king of short selling on Wall Street, or take a look at the book *Reminiscences of a Stock Operator*.