In futures trading, many people have experienced such moments: you can see that the market is about to move in the opposite direction, your account is losing money, but you don't decisively close the position. Instead, you choose to stay silent and watch. At this point, nothing can change the situation.

Why does this happen? Sometimes it's due to analysis errors, and other times it's due to psychological factors. Many traders fall into a strange mental state at this moment: they know that stop-loss is necessary, but they can't make the decision. Some hold onto hope that the market will rebound; some are unwilling to admit their judgment was wrong; others simply pretend the problem doesn't exist.

This is why the futures market always seems to pull people in. Small losses can turn into large losses, and risks that could have been avoided through timely stop-loss are instead magnified due to hesitation.