#TradingTypes101 JAKE wrote: *"I have lost everything I had left."
Sometimes the game really ends.
Loss is not a lesson or a test.. sometimes it is the end.
5 rules you should never violate in trading:
1️⃣ **Don't put all your eggs in one basket (diversification):**
- Even if you are 99% sure about a trade, allocate only a reasonable percentage of your capital.
2️⃣ **Always use stop loss orders:**
- Predefine the maximum loss you can afford **before entering the trade**.
3️⃣ **Don't trade when you are emotional (out of fear or greed):**
- Emotions are the number one enemy of the trader. If you are angry or too excited, step away from the screen.
4️⃣ **Learn from losses more than from profits:**
- Keep detailed notes on every losing trade: Why did you lose? How can you avoid that?
5️⃣ **Keep part of your capital as a reserve:**
- The market may give you golden opportunities after your losses, but on the condition that you have enough to take advantage of them.
"A big loss is not a fault, but **repeating the mistake without learning** is the real disaster."
🚀 The professional trader is not one who doesn't lose, but one who knows how to lose **a little** and gain **a lot** in the long run.