Losses are the only element in which a trader can have full control.
If a trader does not know to handle it can never succeed.
For this reason we should only risk the amount of money we feel comfortable in case of loss and it also depends on other factors such as capital invested, the strategy used, and a few others ... but always focused on the long term and not in getting rich quickly.
Always to preserve our capital first, all the rest itīs gambling.
If a trader does not know to handle it can never succeed.
For this reason we should only risk the amount of money we feel comfortable in case of loss and it also depends on other factors such as capital invested, the strategy used, and a few others ... but always focused on the long term and not in getting rich quickly.
Always to preserve our capital first, all the rest itīs gambling.