#数字资产市场动态 Why is it that even though I clearly know I should exit, I just can't let go? $BDXN, $AXS are the same way.

"The market will tolerate your wrong predictions, but it will never tolerate your luck."

The most heartbreaking loss cases I've seen are often not due to failing to cut losses in time, but because of knowing you're going the wrong way and still betting on "waiting for a rebound." The trend of $XAU is just like that, repeatedly wearing down people's willpower.

I have a particularly deep impression of a friend's experience last year. When he was floating at a 10% loss, he was still smiling, saying the trend wasn't over, and it would definitely bounce back. Three months later, his loss skyrocketed to 50%, and he had no voice anymore — not because he didn't want to cut, but because he had no courage to sell at all, and in the end, he was forced out by the market.

"The loss is the loss, you have to cut" — what this really means is: I have to pay for my own judgment.

And the underlying message of "waiting for a rebound" is actually: I refuse to admit I'm wrong, I’m betting the market will save me. This is not trading; it's using your account balance to pay for your ego.

These three points must be embedded in your mind:

**1. Losses are the ticket to trade**

Just like running a store requires paying rent, stop-loss is your entry ticket to continue playing in the market. Those who refuse to pay for their mistakes will eventually be cleared out by the market.

**2. Treat luck as your biggest enemy**

Next time the thought of "waiting a bit longer" pops up, ask yourself: I am now all in cash, would I buy at this price? If the answer is no, then this is the moment to decisively cut losses.

**3. Use discipline to suppress emotions**

The rule is simple: once the stop-loss level is triggered, turn around and walk away, don’t keep watching the price fluctuate. After stopping out, don’t rush to place a new order; give your brain two hours to cool down — that’s real risk control.

You have to understand that stop-loss is not about admitting defeat.

It’s about paying a small price to keep your right to stay in this game.

From this moment on, losses become predictable and controllable; your mindset shifts from fear of missing out (FOMO) to fear of losing control and getting liquidated; your account drawdown always stays within an acceptable range.

Remember this — the true difference between top traders and ordinary retail investors is not who has more accurate buy/sell points, but in that one second when facing a loss, one group immediately admits defeat and exits, while the other pretends nothing happened.

The market will never be soft on those who rely on luck.