We usually find in trading that many people only want to maximize their profits, but often ignore a very important issue. That is how to reduce risks. What can really allow you to survive in the market for a long time is not your profitability, but your risk management ability.

The most critical one is stop loss. The meaning of stop loss is not only to reduce losses, but also a tool to protect you, a guarantee that you have the opportunity to turn around. The market is always full of uncertainty, and no one can predict every direction 100% correctly.

If you do a good job of stop loss, you can stop loss in time when you make a wrong judgment, keep your funds and your opportunities. Many traders are losing money. They only choose to hold on, hoping that the market can turn back, but often the result is getting deeper and deeper.

Such a mentality actually leaves the fate to the market, not in their own hands. Truly successful traders know that losses are not terrible, but they don’t know how to end losses. #比特币巨鲸动向 $BTC $ETH