This is loss aversion. And it's not a character flaw. It's wiring.
Studies show the pain of losing is about twice as powerful as the pleasure of winning. Lose a hundred dollars and it hurts roughly twice as much as making a hundred feels good. Your brain is not built to trade. It's built to avoid pain — and a small certain loss feels more painful than a huge uncertain one.
So here's the cruelty of it. The exact instinct that's trying to protect you is the one that blows your account. You hold losers too long, hoping they break even. And you snatch winners too early, terrified of giving the profit back.
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