#GENIUSAct How to Avoid Loss
. 🧊 Control Your Emotions
Fear and greed are the enemies of a successful trader. Avoid making emotional decisions after a loss or chasing quick profits. Stay calm and follow your plan.
⏰ Don't Enter the Market All the Time
Not every time is a good time to trade. Learn how to distinguish good opportunities from bad ones, and avoid entering just because you "feel bored" or want to compensate for a previous loss.
📊 Monitor Your Performance and Evaluate Your Strategy
Record your trades, reasons for entry and exit, and their results. After a while, review your performance and look for recurring mistakes. This habit will help you improve your strategy and reduce losses.
✅ Summary
Avoiding loss in trading does not mean you will never lose, but it means that your losses should be calculated and limited. Successful trading requires learning, discipline, and a clear plan. Do not view it as a way to make quick profits, but as a skill that develops over time.
