In the graveyard of margin accounts, lies a massive account that was once green and full of profits. Next to it is a gravestone clearly inscribed: "Here lies a trader who thought he was smarter than a stop loss." He saw profits and moved his stop up to greed for more.
He saw losses and temporarily canceled his stop hoping that "the market would bounce back."
He "averaged down" his losing trades, convinced he was buying from the "new bottom." He made 9 small trades with his "manual intelligence," but lost everything in one trade due to his arrogance.
The lesson that cost him everything?
Capital growth
It is not about how many times you succeed, but about how resilient you are when you are wrong. Respecting the stop loss is not cowardice, but it is your steel shield that protects you to come back and fight again. • Closing trades manually is not "control," but it is surrendering to emotion and gambling. •
Averaging down on losses is not a "strategy," but it is pouring fuel on a fire that consumes your account. •
In the trading world, do not be the "smart" one who loses everything. Be the disciplined one who stays in the game forever. The market respects discipline and crushes arrogance.
