#美联储降息 In trading, no one can avoid losses; some just understand their losses clearly, while others lose blindly.$BTC $SOL

So, what's the real difference? It's not about the act of setting a stop-loss itself, but whether you've pre-set your bottom line. Many people have emotional outbursts because their losses exceed their initial psychological expectations—this situation is doomed from the moment you open the position.

Once you heavily overweight a particular direction, your brain automatically amplifies favorable signals and automatically screens out contrarian information. This is not greed; it's human nature. So, smart traders never make decisions on the spot.

Before opening a position, you must clearly write down:

What exactly is my entry signal?

Where is the stop-loss set?

Where is the target?

What is the worst acceptable loss?

When it comes to taking profits, don't insist on selling at the highest point. Many people, driven by greed, eat one more bite and watch their expected profits turn into losses. That’s the most heartbreaking part.

A more reliable approach is to close positions gradually or leave some core holdings to let the market continue to move. Gains beyond your understanding are essentially extra profits the market gives you; there's no need to force yourself to take everything.

The essence of trading is executing a pre-determined plan, not reacting spontaneously on the spot. Losses should be thorough, and profits should be earned clearly. Those trading discipline statements that boast during favorable times are meaningless. True discipline is holding firm when the market fluctuates and your psychology collapses.