That night after the liquidation, I finally understood what it means to start from scratch.
He had three consecutive wins, with a floating profit of 20%, and his mind was filled with one thought—he had mastered the market. Risk management? Long forgotten. Buying with full leverage all the way, his only thought was "I must win this round."
The market was initially incredibly sweet, even trembling to screenshot. But then it suddenly plummeted. News came too quickly, and he didn't react in time to stop-loss; slippage on the exchange made things worse. Three minutes—his account went from profit to loss, from 20% to negative.
He stared at the screen for three hours, his mind blank. After a year of studying candlesticks and technical indicators, he now looked no different from a gambler. I told him: what you learned isn’t trading at all, but just making greed seem reasonable.
The true second spring of trading begins with these three "zeroing out" moments.
**Rule 1: Write your plan on paper; if not written, don’t act**
Before each entry, clearly write down your logic, stop-loss level, and target price. Orders without a plan are essentially gambling. No other explanation.
**Rule 2: Stop-loss should be as natural as breathing**
Losses are the cost of trading, not something to bargain over. Once the stop-loss is set, any hesitation is a betrayal to yourself. Exit at the right time—no ifs.
**Rule 3: Forget about getting rich overnight; treat this as a job**
Don’t get cocky when you profit, don’t panic when you lose. Trading is a long-term profession, not a casino for quick turnaround. When emotions take over, the account starts bleeding.
What will happen in three months?
He often felt the urge to trade but was pulled back to his plan each time. Gradually, he spent less time staring at the screen, anxiety disappeared, and although his account was still small, it began to steadily grow.
Last week, he said something that left a deep impression on me: "Now, every loss is the cost of trial and error; every gain is the result of discipline." The account hasn’t recovered yet, but his eyes are different—calm and determined.
If you are also in despair,
That most difficult night might be your rebirth starting point. Whether you survive depends not on finding some "sure-win formula," but on how honest you are with yourself and whether you can execute rules like a machine.
Market opportunities are always there, but those who live to see the next wave are always those who embed "stability" into their bones.