Nobody likes to incur losses, but traders must learn to accept losses gracefully.

There is no one in the market who can always avoid stop-losses; they are an integral part of the trading system.

What truly causes your emotions to collapse is never the stop-loss itself, but out-of-control positions and losses beyond the plan.

Before opening a position, set a complete strategy; after opening, only execute mechanically.
Decisions while holding a position are almost always less rational than when flat—
Once a person holds a position, they carry their stance and expectations,
Reverse signals will be deliberately weakened, while same-direction signals will be amplified infinitely.

Therefore, the logic for opening a position must be clear and sufficient; after entry, only track without hesitation.

Four principles for opening a position

1. Entry basis: Clear technical signals

2. Stop-loss boundary: Key support and resistance levels

3. Target range: Clear take-profit zones

4. Risk bottom line: Strict position management

Regarding take-profit:
Open-ended holding is not suitable for full position. The market will eventually end, and profits should only be taken within your understanding.
Many times, the market has reached expectations, but due to greed, profits are not realized in time,
ultimately not only giving back all gains but even turning profits into losses, creating a double blow.
A safer approach is to take profits in stages or keep a bottom position,
profits within the plan must be realized, and outside gains are just gifts.