Will be my last post on this guy and posting only because there’s a very valuable lesson in here.
If you don’t practice some form of risk management, you will lose in this game, period.
“Gambling” is not trading.
No matter how high you run it up, no matter how many millions you make, if you did so by rolling the rice and getting lucky, you are destined to lose it all at some point because those habits will not change until you get wiped out.
You MUST put time and effort into this game to succeed. And that alone is NOT enough. You must approach the markets and your positions methodically. You must have a plan, a strategy, a tested and validated approach.
If you treat this space like a casino, you will lose.