Last Friday, the ETH long order almost drove me to collapse. I originally set a stop loss at $50, but as I watched the price dip, my mind started a self-dialogue — "Just hold on for 5 more minutes, it will definitely rebound," "This is the market maker sweeping the stop losses." In the end, my hands didn't listen to me, the stop loss line moved up by $20, then by $50... Eventually, a small loss turned into a Get Liquidated. When I closed the trading software, I slumped in my chair watching the account numbers disappear, suddenly realizing: this is not trading, it's clearly gambling with a luck mentality, and the stake is my living expenses for three months.

It took me half a year to truly quit this bad habit of "moving stop loss." The most terrifying thing is that it gives you a false sense of control—like as long as you keep adjusting the stop loss line, the market has to give you face. But in reality? When you replace discipline with hope, your account's fate has already been decided.

I went through all the trading records and found a shocking set of data: 83% of all losing trades turned small losses into large losses due to moving stop losses; conversely, not a single profitable trade rebounded by stubbornly holding through the stop loss line. Zero. Not one.

Since then, I have completely changed—from a "market-watching gambler" to someone who believes in rules. Since human nature is so unreliable, let the mechanism make decisions for me. Strict stop loss discipline, excessive risk control, real-time liquidation... these seemingly cold rules are actually the only way to survive in the market. I have seen too many skilled traders ultimately fail due to mindset; those who live the longest are actually the ones who understand the importance of following the rules.