📢Risk is an essential part of trading, but it is not necessarily blind or excessive risk [3, 6]. The key lies in effectively managing risk to identify and control potential losses [2, 3]. You can reduce risk through strategies such as position sizing, using stop-loss orders, diversification, and determining the appropriate risk-reward ratio for your account [3, 4]. Not every trade requires significant risk, and profits can be achieved with low risk through good planning and management [1, 2].#BinancehodlerSOMI
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