--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/38671858.md" description: "Money made by luck will inevitably be lost in the end. The core issue is that profits and losses share the same source, and there is a mismatch in understanding.Luck is random and uncontrollable; you cannot replicate it, nor do you know why you profited. After making money, it's easy to mistake luck for ability, leading to blind confidence, chasing rallies with a full position, and ignoring risk control. The market values fundamentals in the long term but relies on sentiment in the short term. Gains from luck are merely temporarily held. Without a system, common sense, or discipline, a single market reversal will wipe out all profits.Only money earned through understanding and discipline can be held onto in the long run. Luck can only give you a ride; ability is what accompanies you for the entire journey." datetime: "2026-02-11T16:32:54.000Z" locales: - [en](https://longbridge.com/en/topics/38671858.md) - [zh-CN](https://longbridge.com/zh-CN/topics/38671858.md) - [zh-HK](https://longbridge.com/zh-HK/topics/38671858.md) author: "[浩浩荡荡](https://longbridge.com/en/profiles/19784218.md)" --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38671858.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38671858.md) # Money made by luck will inevitably be lost in the … ## Comments (1) - **道道道信 · 2026-02-12T08:04:39.000Z**: Lost 10% in the last three days, stopped out some positions. There might be another 5% loss ahead. Not sure if it was fear that made me not hold on, or a timely stop-loss to avoid greater losses. It's unclear now.