#数字资产市场动态 Why do many people hold on stubbornly to losing positions?

Think carefully, stop-loss involves three hits: direct capital loss, denial of one's judgment, and having to admit you were wrong. The psychological cost is even more painful than the paper loss.

Therefore, most people prefer to "wait and see," believing that the market will eventually rebound and help them get out of trouble. But the reality is harsh—the market won't change its trend just because of your expectations.

The fatal mistake in contract trading is right here. Not setting a stop-loss can lead to total loss from a black swan event. Those who survive longer in trading know that stop-loss is not optional; it's a survival rule.

Learning to face losses directly is much less costly than clinging to illusions and being forced to exit.