First, heavy positions and even Man Cang operations.
You can double it countless times, but you will only go bankrupt once!
Second, you can't strictly stop the loss.
If you don't stop after the stop loss point, you may be able to come back to life nine times, but as long as you die once, you will never live again.
The main reason for the large-scale retracement of the capital curve is actually only one or two big loss orders, and the core reasons of these two big loss orders are nothing more than the above two, heavy positions and deep sets!
How can I play for a long time without going bankrupt? Only through good fund management:
First, light warehouse. The principle is that futures positions do not exceed 20% of the total account, and stocks do not exceed 50% of the total account, which means heavy positions. Our principle is not to make a big profit, but to make a steady profit, because making a big profit may lead to a lot of losses, and the probability of making a big profit is as high as that of making a big loss, or even higher than the latter.
Second, strictly stop loss. Again, you may be resurrected nine times, but once you die, you can never live again. Don't take chances, every time you exceed the stop loss point, it may be the beginning of a huge loss, but you don't know which time, maybe only once every ten times, but that time is enough to kill you, so don't happen once, stop at the stop loss point.
Third, strictly control personal losses. In principle, a single loss cannot exceed 2% of the total account, which is fair value!
In addition, other reasons leading to bankruptcy are mainly technical reasons, and the trading level of traders is really poor, such as contrarian. But poor fund management or risk control is the most important core reason!