Why do many traders lose money but still choose not to give up?

Many traders have lost a lot of money but do not give up, mainly for two reasons: unwillingness to accept defeat and lack of options.

Some people lose their hard-earned savings, which represent years of struggle. Sometimes it feels like a dream, inexplicably losing all their money. Many traders feel it's just bad luck and believe they can earn it back.

Some people lose money that isn't theirs, such as money from credit cards, online loans, or borrowed funds, and they can't repay it even after working for many years, so they can only take a gamble through trading.

However, both of these mindsets are unhealthy and can lead one into a deeper abyss. Trading should be a bonus, not a lifeline; otherwise, the mindset will distort, and everything will go awry.
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