đĄïž Do you want to succeed in trading? Learn to NOT lose it all đ„
Many beginner traders want to know what to buy, but very few ask how to not lose it all.
In trading, risk management is often more important than the signals themselves.
Here are 3 simple rules that I apply every day to protect my capital (even a small one) đ
1ïžâŁ Never risk more than 1 to 2% per trade
Do you have 100âŻ$ ? You only risk 1 to 2âŻ$ per position.
Why? Because you cannot predict the market 100%.
đŻ Even the best traders lose sometimes. What saves them? They lose small and win big.
2ïžâŁ Always use a stop-loss
A good trade starts with knowing where you exit if you are wrong.
No stop? Then you are playing heads or tails with your portfolio.
â A stop not only protects you from a crash⊠it protects you from yourself, especially in times of emotion.
3ïžâŁ Never increase the size to âmake up for lossesâ
Did you just lose a trade? Donât double your stake on the next one.
đ Many burn their capital due to a single impulsive decision. Real trading is discipline and patience.
đ My risk management tools:
âą A simple spreadsheet to note my losses/gains
âą Alerts to avoid watching the chart non-stop
⹠And above all⊠I do not trade every day
đ§ Remember this:
Making money is good. Keeping it is better.
The goal is not to make 100âŻ$ today to lose it all tomorrow.
Do you want me to show you how to create a simple risk plan? Let me know in the comments đ