💵 Capital Management for Beginners in Trading
Capital management is a crucial element to avoid large losses. Even professional traders can lose, but the difference lies in controlling the loss rather than preventing it.
Some important rules:
⏳ Do not risk all your capital on a single trade.
⏳ Always use stop-loss orders.
⏳ Diversify your trades and do not rely on a single currency.
⏳ Keep adequate liquidity to take advantage of available opportunities.
Capital management is not just a strategy, but a mindset that protects you from recklessness and randomness.