Core Principles of Risk Management:
• Never risk more than 1-2% of your capital on any single trade
• Calculate position size:
Position Size = (Account Risk %) / (Entry Price - Stop Loss)
• Always set stop losses BEFORE entering a trade
• Use trailing stops to protect profits
• Minimum Risk-Reward Ratio should be 1:2
👉 For Example: Risk $100 to make $200+
Avoid trades where potential reward doesn't justify risk
Trade Execution Process :
1. Entry: Enter only when all conditions are met
2. Stop Loss: Immediately place stop order
3. Take Profit: Set at minimum 1:2 R:R ratio
4. Manage: Adjust only stop loss (to lock profits)
Common Mistakes to Avoid
❌ Overtrading - Quality over quantity
❌ Moving stops further away - Accept when wrong
❌ Averaging down losing positions - This isn't investing
❌ Trading without a clear plan - "Winging it" fails
❌ Letting emotions drive decisions - Stick to your rules
🎯 The Bottom Line
Trading success isn't about being right all the time—it's about managing risk so you survive your losing trades and compound your winning ones.
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