Have you ever noticed a heart-wrenching fact: $BEAT
You clearly often don't look in the wrong direction, yet you still lose money.
The problem often isn't about "how accurately you see things," but rather "how heavily you invest."
There's an old saying in the market that buying points are important, but selling points are even more important. However, those who truly survive are those who know when to go light on positions and when to simply avoid the market altogether. The gap between experts and ordinary people rarely lies in analytical ability; it lies more in position management.
Many people experience a nearly identical process of losing money.
When an opportunity arises, they can't wait to put everything on the line;
If the market shakes slightly, their accounts immediately suffer;
They keep increasing their positions as prices rise, but when a pullback occurs, they lose all their profits;
When a real opportunity finally comes, they are too exhausted from previous losses to act.
To sum it up: "My entry point is fine, it's just bad luck."
In reality, it's not bad luck; it's that position management has already cornered you.
In simple terms, position management is about whether you leave yourself an escape route. Did you go too hard on the first trade? Did you allow for the possibility of making a wrong judgment? If the market doesn't move as you expected, can you retreat gracefully, or are you forced to hold on?
True mature trading isn't about how much you earn on one trade, but whether losing this trade will affect your judgment on the next one. Those who can achieve this will instinctively break down their positions, using time to gain confirmation instead of gambling on emotions.
Market conditions can determine whether you can make money in this wave, but position management determines whether you have the qualification to wait for the next wave.
When you find yourself placing orders without feeling nervous, without rushing to prove yourself, it indicates one thing:
You have started to prioritize "survival" over "getting rich quickly."
And this is the starting point for long-term profitability.