lh8686

Trader core principles
1. Money management is fundamental
· This is the cornerstone of trading. Not investing beyond your
ability to bear losses allows you to stay rational in the face of market fluctuations and avoid making wrong decisions due to excessive pressure.
2. Understanding losses is key
· Losses are part of trading and cannot be completely avoided. Only by correctly accepting losses can you remain calm when facing unrealized losses and avoid emotional, gambling-style trades to "recoup" losses.
3. Focus on stop-loss,
not on profit, only look at stop-loss? Because the stop-loss is set