In the market, many people only focus on collecting profits but overlook the most deadly factor: drawdown. You might think that earning a lot means you're great, but the market truly filters out those who lose the least and can endure the most. Drawdown is the most honest bottom line of your account; a major decline can wipe out all your profits from half a year or even a year. A deep drawdown can cause your mindset to collapse and throw your rhythm into chaos. Trading that ignores drawdown is like driving without brakes—looking forward to a smooth ride, but one loss of control can lead to total loss. Experts aren't judged by how much they earn in a short time, but by who is more stable and can survive longer. Controlling drawdown is not about being timid; it's about being responsible for yourself. Protecting your principal is more important than chasing huge profits, and maintaining a steady mindset is more valuable than seizing every opportunity. The amount of drawdown you can accept determines the level of return you deserve. Understanding drawdown is the true entry point, and controlling it is essential for long-term success in the market. The stock market is never about who runs the fastest, but about who walks more steadily and farther, and who survives the longest.
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In the market, many people only focus on collecting profits but overlook the most deadly factor: drawdown. You might think that earning a lot means you're great, but the market truly filters out those who lose the least and can endure the most. Drawdown is the most honest bottom line of your account; a major decline can wipe out all your profits from half a year or even a year. A deep drawdown can cause your mindset to collapse and throw your rhythm into chaos. Trading that ignores drawdown is like driving without brakes—looking forward to a smooth ride, but one loss of control can lead to total loss. Experts aren't judged by how much they earn in a short time, but by who is more stable and can survive longer. Controlling drawdown is not about being timid; it's about being responsible for yourself. Protecting your principal is more important than chasing huge profits, and maintaining a steady mindset is more valuable than seizing every opportunity. The amount of drawdown you can accept determines the level of return you deserve. Understanding drawdown is the true entry point, and controlling it is essential for long-term success in the market. The stock market is never about who runs the fastest, but about who walks more steadily and farther, and who survives the longest.