How not to lose everything, after losing a Little.

[Stayne]

How not to lose everything, after losing a Little.

Traders get chopped trying to catch every move and then trade hyper scared (Without knowing it),
eventually to lose it all.

People losing 90% of wealth isn't unique or rare.

Avoid:-
1. Impulsive trades
2. Taking on too much risk
3. Overtrading

99/100 successful traders would tell you that there's two reasons for being successful.

1. Edge.
2. Acute Risk Management.

Acute Risk Management-How you manage emotions and make trades in a calm and rational manner AFTER A LOSS.

#TradeSafe

 

[Charles Agustin]

Over trading will cause you lose everything so don’t try to do that. You better prefer manual trading option and invest your capital.

 

[shifter08]

Risk management is the key for every trading system. Its either you have a strict stop loss, use martingale method or hedge your trades.

 

[John Miller]

Just control your emotion and avoid over-trading and thus you can protect yourself from losing frequently. Every broker allows traders with a demo account for the assistance of practicing.

 

[Fin_Trader]

You also need to be able to stop in time and not try to quickly recoup your losses. A trader must be able to wait for all the conditions of his strategy for making trades, then the loss can be recouped with a high probability, without endangering your deposit.