#TradeFiRevolution
Today I want to talk to you about the most important point in trading, whether you are a futures or spot trader; this is your guide to preserving your money.
"Risk Management"
Many of us get carried away by the greed of the pilot and fall victim to losses that we cannot bear, and some may end up losing all their money. Risk management, or what is known as (stop loss and take profit)
is the reason people lose their money, either by not setting a stop loss at all or setting a long stop loss,
because it is not important to win a lot, but what is important is not to lose, because not making a profit is better than losing, and this applies to those who trade in spot trading for the purpose of buying and selling quickly and not for long-term trading, because if you are going to take a currency for a long time, it is better not to set a stop loss. But if you are a futures owner, do not trust market fluctuations, and manage your risks well