Today, I want to talk to you about what I believe is the most important aspect of investing: psychology. As you know, the American stock markets have been in a strong bull market for a long time. The main fuel of this bull run has been artificial intelligence. The rise, which began with chip companies, continued with infrastructure, data centers, photonics, optics, memory, and finally, space-related sectors. During such periods, the market seems to be constantly rising. However, there is a truth that should not be forgotten: Markets never move in one direction. After a rise, the market begins to clean up the excessive optimism, leveraged transactions, and investors who take uncontrolled risks. This is the natural cycle of financial markets. One day buyers are strong, the next day sellers.

Losing money is one of the most difficult emotions a person can experience. However, I also want you to know this: If you haven't used leveraged or options trading, if you have invested in quality companies, and if you can be patient, you have a high probability of recovering your losses when the market recovers. But if you have made big mistakes in leveraged or high-risk trading, you cannot change the past. What's done is done. The best thing to do from now on is not to repeat the same mistakes.

Now you need to ask yourself these questions:
"Why did I open this trade?"
"Did I calculate my risk?"
"Do I know technical analysis?"
"Can I do fundamental analysis?"
"Or did I just follow others?"
Be the captain of your own ship. Because when you win, you win, and when you lose, you lose. Therefore, never invest with money you need. Don't invest with borrowed money. Don't sell your house or your car to enter the market. Investment should be done with money you can set aside and that won't disrupt your standard of living even if you lose. The day you achieve this, your psychology will completely change.

Another important point is to know your investment personality. Ask yourself this question:
Am I a day trader?
Am I a swing trader?
Am I a position trader?
Or am I a long-term investor?
Trading without knowing this is like taking a very expensive sports car to a race track for the first time. No matter how good the car is, the chance of crashing at the first turn is very high. So, get an education first. Learn technical analysis. Learn fundamental analysis. Learn risk management. Learn how to protect your capital. Because in this market, you don't make money first; you survive first. There are truly quality people on social media, but unfortunately, there are also those who mislead people. Choosing who to follow is also an important part of your investment process.

Your investor identity begins to change the moment you start seeing every loss not as money, but as an experience. The losses that upset you today can turn into the most valuable lessons that protect you from big mistakes tomorrow, and the most important sentence I want to tell you is this: Nothing in life is more valuable than your health. Your health comes first, and your family comes second. Money can be earned again. Lost capital can be recovered over time. But health cannot. Therefore, when investing, protect not only your portfolio but also your psychology. Because in this market, those who win in the long term are not those who trade the most, but those who can stay in the game the longest. "Until death comes, all defeats are psychological."