#OrderTypes101 JAKE wrote: *"I have lost everything I have left."
Sometimes the game really ends.
Loss is not a lesson or a test.. sometimes it is the end.
5 rules you should never violate in trading:
1️⃣ **Don't put all your eggs in one basket (diversification):
- Even if you are 99% sure about a trade, allocate only a reasonable percentage of your capital.
2️⃣ **Always use stop-loss orders:**
- Predefine the maximum loss you can tolerate **before entering the trade**.
3️⃣ **Don't trade while emotional (out of fear or greed):**
- Emotions are the number 1 enemy of the trader. If you are angry or overly excited, step away from the screen.
4️⃣ **Learn from losses more than from profits:**
- Keep detailed notes on every losing trade: why did you lose? How can you avoid that?
5️⃣ **Keep part of your capital as a reserve:**
- The market may give you golden opportunities after your losses, but on one condition: you must have enough to take advantage of them.
"A big loss is not a flaw, but **repeating the mistake without learning** is the real disaster."
🚀 A professional trader is not someone who never loses, but someone who knows how to lose **a little** and win **a lot** in the long run.