This passage has been very popular in the trading circle recently,

I've been reading it for a long time,
Not because it's written so exquisitely,
But because the person he talks about,
I know too well.
That person is me from many years ago.
I always feel I should
Say something to these friends...
I was like that many years ago,
Not only did I fail in entrepreneurship that year,
My account also lost a big chunk,
Leaving less than 10k yuan in the account.
And I still had credit card debts to pay,
My wife was complaining all day that life was hard...
The first thing I do when I wake up every day isn't checking the market,
It's calculating how much I still owe this month.
Back then, I traded not for financial freedom,
I just wanted to quickly turn things around,
Fill the hole quickly,
And breathe a sigh of relief.
And what happened? The more anxious, the more I lost, the more I lost, the more anxious.
Clearly knowing to cut losses,
But I just couldn't do it.
Because that loss money,
Was money I needed next week.
Clearly knowing to hold cash, but I couldn't resist.
Because when I was out of the market,
I would think of bills,
Think of others' opinions,
Think of my own unaccomplished self.
Clearly knowing not to greed or to take profits,
But I chose to add positions on floating gains,
Fantasizing about making a big profit,
To restore life to how it used to be.
At that time, I didn't care about emotional trading.
All I knew was, I couldn't hold on anymore.
Later I realized:
It's not that my skills are bad,
It's that I treated trading as a life raft.
And the market, is never a life raft,
It is a magnifying glass.
It magnifies your fears,
Your greed, your every moment of impatience.

Why are poor people more prone to emotional trading?
Let me do some math for you.
A person has 5 million, takes out 1 million to trade,
Loses 10k, he can still sleep at night,
His emotions quickly stabilize,
Because that 10k doesn't affect his life.
Another person has only 100k in total,
Takes 100k to trade,
Loses 10k, he loses 10% of his total assets.
He can't sleep.
Because that 10k
Might be his mortgage for several months,
His child's milk powder money,
The hole he dares not tell his wife about.
The same fluctuation,
To the rich it's just a number,
To the poor it's life or death.
That's why the smaller the capital,
The more prone to emotional trading.
It's not that they lack willpower,
It's that they can't afford