Trading First Lesson: Master Stop-Loss and You'll Surpass 90% of Traders
I. Why is "Refusing to Cut Losses" the Grave of Trading?
You think holding on is "waiting for a rebound to recover," but actually you're pushing yourself into a dead end:
🔹 The more you lose, the more you add, and the more you add, the more you lose: For example, you bought commodities that fell, thinking "lower your average cost" and frantically add positions, but it keeps dropping—your principal gets cut in half!
🔹 Your mindset collapses, your operations become erratic: Watching your account numbers plummet, your mind
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