Always make sure that every time you invest, or a transaction, prepare yourself for many unexpected scenarios that can happen. And prepare plans to deal with them.
Above all… accepting losses and leaving the game is also an equally important part.
Continuing to add money to an investment or adding money to your account when items or trades are losing you is continuing to raise potential hopes for big losses later. , and resulted in losses that were too much for my position and the stop loss became too difficult.
- Do not equate the concept: account protection and risk. Many traders continue to add money to their accounts struggling with losses with the aim of being able to carry their accounts and hope to return to the bank… but they do not anticipate that… they may be all over their assets for one phase. venture capital.
Stop loss is something that many investors do not want.
But the stop loss is partly to protect us… and indirectly gives us the opportunity to do better next time.
Posted Using LeoFinance Beta
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Posted Using LeoFinance Beta
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