Many people believe that position management is of utmost importance in trading, but that is not the case. If your trading logic itself is flawed, even with top-notch position management skills, you will still end up with losses; it's just that the speed of the losses is slowed down.
Of course, this does not mean that position management is unimportant. If your trading logic has a positive expectation but due to inadequate money management, your account blows up before the profit realization period, you still cannot achieve profitability.
A complete trading system must include both trading logic and money management: trading logic is like a forward, responsible for actively 'charging' to capture profits; money management is like a defender, taking on the 'defensive' role of controlling risks. The two complement each other, and without either one, it is difficult to stand firm in the trading market for long.
Want to understand how to determine if your trading logic has a 'positive expectation'? I will share 3 practical logic verification methods to help you avoid ineffective trades. Click to follow and get valuable insights on building a complete trading system.
Risk Warning: Trading involves risks. Proceed with caution when entering the market, and it is advised to rationally assess your own abilities to avoid blindly investing funds.#加密市场回调 $BNB
