#CEXvsDEX101 JAKE wrote: *"I have lost everything I have left."
Sometimes the game really ends.
Loss is not a lesson or a test.. sometimes it is the end
5 rules you should never break in trading:
1️⃣ **Don’t put all your eggs in one basket (diversification):
- Even if you are 99% sure about a deal, allocate only a reasonable percentage of your capital.
2️⃣ **Always use stop-loss orders:**
- Determine in advance the maximum loss you can bear **before entering the trade**.
3️⃣ **Don’t trade when you're emotional (fearful or greedy):**
- Emotions are the number 1 enemy of the trader. If you are angry or overly excited, step away from the screen.
4️⃣ **Learn from losses more than from profits:**
- Keep detailed notes on every losing trade: Why did I lose? How can I 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 flaw, but **repeating the mistake without learning** is the real disaster."