#StablecoinLaw 🎯 "The market does not reward intelligence… but rewards psychological discipline and risk management."
Many people believe that success in trading requires extraordinary intelligence or complex technical knowledge, but the truth is that the most important element for success is self-control and the ability to stick to the plan, even when emotions are running high.
🔍 Why is this information important?
The biggest losses for traders do not come from losing trades, but from emotional reactions to those trades.
A professional trader knows when to exit the market before being drained, while an emotional trader chases the market and loses more.
Without a strict risk management plan, even the best strategies turn into traps.
A simple example:
A person entered a trade with $100, lost 50%.
To recover the loss, they need a profit of 100%, not just 50. => This illustrates the importance of exiting early and stopping losses before they escalate.
Golden rule:
> "Protect your capital, as it is the only ammunition in the battlefield."