The beginning of the end for you in the trading world is when you put all your money into one currency... You are here, my friend, you have sacrificed your capital, and any rise is a rise in the total money, but what is the counterpart? Any loss equals the loss of total capital or half or according to the percentage given in trading.
- It is essential to diversify smartly and divide the capital and sell at targets as well as buy at varying prices.
- The most important thing is to set a limit for losses for anyone who wants to preserve their money.