๐ Trading Mistake #2: Ignoring Risk Management ๐ซ๐งฏ
Making profits is greatโฆ until one bad trade wipes it all out! ๐ฃ๐
This happens when traders ignore risk management โ the real backbone of long-term success. ๐ฆพ๐
Mistake in action: ๐ป Going all-in on a single trade
๐ป No stop-loss = open invitation to losses
๐ป Letting emotions override your plan ๐ตโ๐ซ
โ Pro Tip:
๐น Never risk more than 1โ2% of your capital per trade
๐น ALWAYS use a stop-loss
๐น Donโt marry your bags โ cut losses, move on ๐๐ผ
Trade smart. Protect your capital. Grow with discipline. ๐น๐ฅ