Afraid of stop loss? You aren't afraid of getting liquidated or holding onto a position, so what are you afraid of with stop loss?

Think about it, what is Get Liquidated? It means the account is completely wiped out, the hard-earned principal is turned to dust, and it is the ultimate failure where even the chance to turn things around is taken away. What about holding onto the position? It means watching losses snowball and grow larger, being unable to sleep at night, filled with anxiety, praying that the market will show mercy and allow you to "break even." The result is often exhausting the margin or being forced to cut losses at the most desperate moment, enduring losses far beyond expectations. These catastrophic consequences that can destroy a trading career seem to be something you can face "calmly," even with a hint of luck to gamble with.

So, stop loss — this is just a tool to cut off single losses, protecting your precious capital and trading life — what are you really afraid of?

What you fear is nothing more than that bit of "face," afraid to admit that you judged incorrectly this time; what you fear is that bit of "possibility," what if the market just hits stop loss and then reverses? What you fear is the temporary pain of "cutting losses." But it is precisely this avoidance of slight pain and obsession with the illusory "perfection" that unconsciously exposes you to the huge pain of getting liquidated and deeply holding onto positions.

The key to cracking the code lies in becoming a machine: fixed positions, fixed stop loss.

1. Fixed position: Don't let greed and fear distort your scale.
Every transaction, no matter how "confident" you may seem, and no matter how "rare an opportunity" the market appears, must use the same proportion of principal to open a position. Don't "earn a pound of meat, lose a pig"—being cautious and only daring to bet 1 BTC when making money, but when losing money, like a gambler who's lost their mind, crazily doubling down to 20 BTC in an attempt to turn the tables. This is a shortcut to bankruptcy.
Fixed positions mean: risk exposure is constant. Regardless of market fluctuations, your maximum potential loss per trade is clear and controllable. It forces you to assess whether the risk/reward ratio of each trade is reasonable, rather than being swayed by emotions or market noise.

2. Fixed stop loss: executed ruthlessly, without exceptions.
When opening a position, you must clearly and uniquely set your stop loss position. This position is an objective location calculated based on your strategy, key support/resistance levels, and volatility, and it should never be adjusted arbitrarily based on profit and loss or emotions after opening the position, like a "rubber band."
The stop loss range must be fixed: whether based on a percentage of ATR or a breakthrough at key levels, your stop loss logic must be clear and consistent. You cannot use a 20-point stop loss for one trade and then relax it to 50 points for the next trade because you "feel the opportunity is good." A fixed stop loss range ensures the discipline of risk control.

Be a ruthless executor: Did the market hit the stop loss point? Close your position immediately, without hesitation. Don’t think about “waiting a bit longer,” don’t fantasize about “is the market maker sweeping the stop losses,” and don’t hesitate because “I was so close to breaking even.” Execute as soon as it hits, cold as a machine. Remember: stop loss is not failure, but the cost of success, it is the ticket to this "survival game" of trading.

From "human nature" to "machine nature"

The hardest thing to conquer in trading is not the market, but your own greed, fear, and luck mentality. The painful lessons of getting liquidated and holding onto deep losses often stem from the avoidance of "small stop loss" and the indulgence in position management.

Force yourself to become an "emotionless trading robot"

Each attack has a constant number of bullets (fixed position).
Every retreat is clear and unequivocal (fixed stop loss).
No emotional interference, no last-minute changes, only ironclad discipline.

Only by doing this can you truly protect your capital, survive the brutal market fluctuations, and be qualified to discuss long-term profits. Afraid of stop loss? No, what you should really be afraid of is your heart that cannot execute stop loss and allows risks to expand infinitely. Abandon it and embrace the coldness and precision of machines; that is the way to survive and succeed.