[Satoshi] analyzes the morning market

Today I won't analyze the market, there's nothing to analyze, just a big drop.
Let's talk about trading, especially in the crypto space.
No one can make money in circle b without studying and not losing.
Some people just come in, make a few trades, and earn money, thinking they are amazing and that it's just that simple. But can you keep earning? No, people are greedy, and you will continue to trade. As long as you keep going, liquidation is waiting for you.
When trading, especially in contracts, taking profits and cutting losses comes first. Anyone who does not set stop-loss orders should not trade at all.
Admitting failure and acknowledging losses is the first lesson, and I tell everyone this.
Failing is not scary at all. After this failure, tidy up your emotions and prepare for the next trade. No one can be 100% successful; if someone has an exceptionally high win rate, don't believe them. If you hold onto losing positions and try to average down, the final outcome can only be liquidation.
Set a stop loss, you can fail many times; without a stop loss, you cannot fail even once. Even if you succeed 999 times, if you fail the 10,000th time, all will be lost.
Forget about past trades, take profits and stop losses on current trades, and take the next trade seriously.
Let's leave it at that. Wishing everyone wealth, wealth, wealth!