A well known rule states that 90% of traders will lose 90% of their capital within the first 90 days of entering the market.
🔹 Dont follow the crowd
The crowd always loses because they trade emotionally, lack discipline, and don't manage their capital.
If you do the opposite of the crowd, you have a chance to win.
🔸 Survival is the goal
In the first 3 months, your goal isn't to double or triple your account.
To keep your money from being wiped out is already a great success.
🔹 Life is lessons are tuition fees.
Consider initial losses as tuition fees.
But try to keep those tuition fees as low as possible.
By trading small volumes until you truly understand the rules of the game.
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This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.