A truly mature trader is not someone who never incurs losses. The difference lies in whether one can control each loss.
To stay in the market for the long haul, the first step is not to study complex methods, but to assess risk before each trade.
Without risk control, even the highest success rate can be completely offset by a single mistake. Once an account is out, all subsequent judgments lose their meaning.
There is only one order of trading. First, ensure that you can continue to participate, then talk about how to amplify profits.
What you really should do is not to place orders like others do, nor to repeatedly guess the direction, but to establish a trading framework that you can execute.
First, use historical data to verify feasibility, then use clear rules to limit entry conditions, and lock in the worst outcomes with position allocation and stop-loss.
Before placing each order, you must be clear about two things. How much you can lose at most, and whether you can accept the loss when it occurs.
The market never rewards impulsiveness. Those who can stay for the long term are the ones who put rules first.
Trading is not about courage, but about whether you can keep going.
Follow Uncle Nan. I won't say you'll become immensely rich, but it's definitely possible to earn steadily!
Hesitation will cause you to miss opportunities, so seize it!
$PIPPIN $RIVER
