Success equals small losses plus various profits accumulated multiple times. It is very simple to avoid large losses... Make survival the first principle, When there is a danger that obstructs this principle, discard all other principles. Because, no matter how much you have earned in the past, if you lose 100% now, you have nothing. The way of trading is to maintain an invulnerable position and attack the enemies you can win. If you lose 50% of 1 million, it becomes 500,000, but to increase 500,000 to 1 million, you need to profit by 100%.
Success equals small losses plus various profits accumulated multiple times. It is very simple to avoid large losses... Make survival the first principle, When there is a danger that obstructs this principle, discard all other principles. Because, no matter how much you have earned in the past, if you lose 100% now, you have nothing. The way of trading is to maintain an invulnerable position and attack the enemies you can win. If you lose 50% of 1 million, it becomes 500,000, but to increase 500,000 to 1 million, you need to profit by 100%.
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