Arthur Schopenhauer once said that the essence of happiness in life does not lie in obtaining more pleasure, but in avoiding pain. This principle applies equally to trading and investing.

Many beginners always think about how to make big money, how to buy the dip and double their investment, or how to get rich overnight. But the true trading logic is exactly the opposite — it’s not about how much profit you make, but whether you know how to avoid losses. Joseph has a classic view: not losing money means you are naturally earning, and preserving capital is also considered earning. This statement sounds simple, but few truly understand it.

The same philosophy extends to health and emotional management — you don’t need to pursue a perfect body or eternal happiness, just avoid major injuries and breakdowns. This way of thinking is especially important for traders — strict stop-loss, controlling risk exposure, and avoiding heavy positions during high-risk periods. These “passive” operations are actually the most proactive in protecting gains.

Many profitable traders are not famous for single large profits, but because they always stay in the market, because they rarely get margin calls, and because they understand that survival is the top priority.