Recently, a trader was chatting with me, sounding a bit discouraged: "My account only has 2000U left. If I can't turn things around this time, I'm done for good." I looked through his trading records, and it was all high-frequency operations—chasing gains and cutting losses, placing orders purely based on emotion. This isn't investing; it's clearly a struggle against oneself.

I told him one thing: "This 2000U isn't your bet to recover your losses, but a proof that you're starting over. A real turnaround never relies on a single all-in move; it depends on your ability to withstand loneliness."

A month later, he sent me a screenshot—his account grew from 2000U to 15,000U. No miracles, just results achieved through discipline.

Why do most people lose money? It's not really a technical issue.

I've seen many traders who can read candlestick charts like a pro, and are familiar with all kinds of indicators, yet they keep losing money consistently. What's the root cause? They are defeated by their own minds.

Once the market rises sharply, FOMO kicks in—fear of missing out, leading to buying at high prices; when the market drops, panic takes over rationality, and they cut their losses at the lowest point. Greed makes people reluctant to sell when they’re profitable, resulting in being trapped; overconfidence also causes them to ignore risks and go all-in.

This guy was initially stuck in the same dilemma. He was very honest about it—often staying up late watching the charts, unable to resist jumping in when a coin starts to rise, only to chase the top every time. After losing money, he wanted to quickly recover, but instead increased his position, sinking deeper into the trap.

Psychological research has long confirmed that impulsive trading destroys decision quality, creating a vicious cycle—chasing gains, cutting losses, losing money, desperately trying to recover, and losing even more.