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No matter how excellent the strategy is, day trading lacking risk management will ultimately fail. Core principles include: the risk of a single trade should not exceed 1%-2% of the principal, a daily loss limit of 5%; use stop-loss orders (such as fixed amounts or ATR multiples); avoid excessive leverage (such as no more than 10 times in forex); diversify instruments (do not heavily invest in a single asset). In addition, keep a trading journal to analyze mistakes and regularly review and optimize strategies. Discipline is more important than technique — even with a win rate of only 50%, good risk control can still ensure long-term profitability.