Having disciplined risk management is the most important trait to have in investing.
When you spot an actionable setup, have clear and defined entry, stop loss, and profit taking levels.
Sometimes the trade goes against you and you get stopped out, thats fine, move on to the next set up.
Don't hold on to a losing trade and watch as your capital goes from 70% to 30% to zero.
Preserve your trading capital to stay in the game.
Otherwise it's back to flipping burgers đ
What Skill Do You Most Recommend Tigers to Learn?
In our previous discussion on Stock Trading: Do Talents or Skills Matter More?, most tigers believed that acquired skills are more important than talents in stock trading.
What do you think is the most important skill in stock trading?
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