#TradingPsychology
Trading carries significant risks, but with smart management, you can reduce losses and protect your profits. First, **set your daily loss limit** (for example, 2-5% of your capital) and stick to it. Second, **use stop-loss orders** to automatically close the trade at a certain level. Third, **don’t be greedy** – exit when you achieve your profit target. Finally, **diversifying your portfolio** reduces risks. Successful trading relies on discipline, not emotions!
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