This is the norm, and everyone understands it.


After a few months of hard work, he returned to the pre-liberation period.
There are several reasons for this:
One. A steady profit with almost no drawdowns from a multi-month winning streak has you developed an inertial mindset as if you can do anything. Every time, it can turn losses into profits through anti-single.
As everyone knows, there is always an anti-order, and the dealer will take you away in a wave.
Two. The profit from the winning streak makes you go crazy, and you start to chase every order that must be profitable, ignoring the importance of stop loss. Previous experience tells you that as long as the principal is enough, you can increase your position against the trend, and you can always wait for a reversal or pullback, and then unbundle or even make a profit.
Three. You start to settle for small profits with high frequency. Frequently open orders for short-term, and rush to close position every time you make a profit of more than a dozen u. And once there is a loss, but can not stop the loss in time, arrogantly think that the market will reverse immediately.
Four. Upper Crazy Stage. When the loss gradually expands, the more unsettled the mentality, the more impatient and restless, can't help but increase the position, and then resist the order, and is reluctant to stop the loss. In the end, the Position became heavier and heavier, and it Get Liquidated ended in a wave of Long Wick Candle market.
This stage is the most torturous, often unable to sleep at night, unable to do any work during the day, and the heart hangs on the contract.
If you are not a gifted contract operator, and have a psychological quality (including analytical ability, calm ability, and endurance ability) and physical quality (contracts often consume a lot of time and energy), it is really difficult for you to make money in the contract market.
Ordinary people play Spot, 1-2 times leverage Long absolutely no problem. But most people are not greedy enough to swallow elephants, and their desires far exceed their own strength. Either make up your mind to quit and get out of the abyss, or keep a humble heart, insist on learning to improve your cognition, and slowly explore your trading system until you can make a stable profit without major drawdowns. It's a long process, and it's one out of a hundred people who can do it.
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