It's not important how much you earn, but how much you keep when you incur losses.. Sticking to a predetermined plan protects the trader from large losses that may result from sudden fluctuations in the highly volatile market.
Did you know that: cryptocurrencies are known for their sharp volatility, making it essential to set a loss limit.
Did you know that: many traders refuse to exit during losses in hopes of recovery, which can exacerbate losses.
Did you know that: regulatory decisions or security breaches can lead to rapid collapses.
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- It is a reminder for me and for you of the importance of learning and applying trade management professionally.