Have you ever been liquidated? What is the real reason?

I usually only look at 5 details to determine if a person will eventually be liquidated.

It's not metaphysics, it's just having seen too much.

First, he asked, 'Can it double?' not 'How much can I lose at most?'.

All the people who have been liquidated are almost entirely focused on profits.

And for the traders who survive, the first thing is always:

If this trade goes wrong, how much will I lose?

Second, he has no fixed position standard.

Today 20%, tomorrow 50%, if I lose I’ll add more, if I win I’ll double down.

Position fluctuates with emotions, essentially betting on emotions with the account.

Third, he is unwilling to cut losses, only willing to add to positions.