Position size doesn't matter; what's important is making a good trading plan and strictly adhering to trading discipline. Trading without take-profit and stop-loss orders is always like going naked—either you blow up this time or the next. Relying on luck will only make you drift further away from proper trading. It's very important to ensure you're on the right path. Reckless trading without protection will eventually catch up with you, and when it does, you'll have no chance to turn things around.

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