Congratulations to trader who had bought on February for swing.
As you might already know in trading, risk management is very important.
It's easy to get carried away with the thrill of buying and selling, but if you're not careful, you can quickly lose all your hard-earned money.
That's why 𝗶𝘁'𝘀 𝗲𝘅𝘁𝗿𝗲𝗺𝗲𝗹𝘆 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 𝘁𝗼 𝗵𝗮𝘃𝗲 𝗮 𝗽𝗹𝗮𝗻 𝗳𝗼𝗿 𝗺𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝗿𝗶𝘀𝗸 𝗮𝗻𝗱 𝗸𝗻𝗼𝘄𝗶𝗻𝗴 𝘄𝗵𝗲𝗻 𝘁𝗼 𝗰𝘂𝘁 𝘆𝗼𝘂𝗿 𝗹𝗼𝘀𝘀𝗲𝘀.
When the market takes a turn for the worse, it's easy to convince yourself that things will turn around. However, sometimes, they don't.
Cutting losses may seem counterintuitive, but sometimes, the best way to make money, in the long run, is to take a loss in the short term whenever you are wrong.
🤜 𝗧𝗵𝗲 𝗸𝗲𝘆 𝗶𝘀 𝘁𝗼 𝗵𝗮𝘃𝗲 𝗮 𝘄𝗲𝗹𝗹-𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗲𝘅𝗶𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗯𝗲𝗳𝗼𝗿𝗲 𝗲𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗮 𝘁𝗿𝗮𝗱𝗲. 🤛
By knowing when to cut losses, you can avoid devastating losses and stay in the game for the long run.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Babyfund·2023-04-25hey bro, how do i subscribe to your tele?LikeReport