Don’t Break Your Rules again
90% of all traders fail.
The biggest winners have lost the most times , but winners know exactly the max risk limits.Winners Traders have learned to accept day losses as part of their business.
However Risk management, like insurance, may seem a boring subject but without it many traders could see their profits quickly turn into large losses. and it’s only after months of losing money and endless frustrations that traders start focusing on this aspect of trading
It is essential to understand your risk profile and exploit on your strengths can increase your chances of success. Without this introspection, you are setting yourself, and your risk management strategy, to fail.