A sad story... but it has a great lesson!
A trader struggled for 3 years, gathered $300,000, and lost it all in just one trade!
Why? Because he ignored the simplest rules of capital management... and the result? Catastrophic!
If you want to stay in the market and earn in the long run, keep these golden words:
1️⃣ Risk only 1-2% of your portfolio
2️⃣ Don't enter a trade without a stop loss
3️⃣ Calculate the position size accurately
4️⃣ Set a daily loss limit not exceeding 5%
5️⃣ Don't get reckless using leverage
6️⃣ Don't let fear or greed change your plan
7️⃣ Take trades with a fair risk/reward ratio (at least 2:1)
8️⃣ Review your trades and learn from each one
9️⃣ And most importantly... don't seek revenge on the market!
The market is not a place for emotions... but for discipline and patience!
Survival is not about luck, but about wisdom