Mr.LV
What is the maximum loss for a single trade that won't cause a total meltdown of one's mindset?
Many people verbally say that they "can accept stop-losses"
But when it comes to the real trading, it often is like this:
Lost 20 U: Still able to joke calmly
Lost 200 U: Started frowning, frequency of watching the market doubled
Lost 2,000 U: heart racing, hands starting to shake
Lost 5,000 U: The person didn't get liquidated, but the mindset has already been liquidated.
Then a series of familiar plotlines will appear:
The originally set stop-loss is starting to move down.
Clearly it sh
Many people verbally say that they "can accept stop-losses"
But when it comes to the real trading, it often is like this:
Lost 20 U: Still able to joke calmly
Lost 200 U: Started frowning, frequency of watching the market doubled
Lost 2,000 U: heart racing, hands starting to shake
Lost 5,000 U: The person didn't get liquidated, but the mindset has already been liquidated.
Then a series of familiar plotlines will appear:
The originally set stop-loss is starting to move down.
Clearly it sh
BTC-0.78%



