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1: Emotional Management
The so-called emotional management is self-management. When opening a position, do not get nervous because of the fluctuations in the candlestick chart. Nervousness will affect your confidence and judgment. Also, opening a position must include take profit and stop loss. The worst outcome is a stop loss. Once you accept the stop loss, you should aim to maximize your take profit during the process. {Try not to add or reduce positions when opening a trade, as it can mess up your position and increase your losses.} Contract trading prohibits holding positions without action.