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Ignoring risk management is like skydiving without checking your parachute. You might feel invincible on the way down, but one bad move and you’re done. Every trade you take should have a clear plan for how much you’re willing to lose because losses will happen. If you’re risking 10% of your account on a single trade, you’re not brave you’re reckless. Pros protect their capital like it’s oxygen. Set stop-losses, size your positions sensibly, and never bet the farm on a “sure thing.” The goal isn’t to win every trade; it’s to stay in the game long enough to win consistently.
Ignoring risk management is like skydiving without checking your parachute. You might feel invincible on the way down, but one bad move and you’re done. Every trade you take should have a clear plan for how much you’re willing to lose because losses will happen. If you’re risking 10% of your account on a single trade, you’re not brave you’re reckless. Pros protect their capital like it’s oxygen. Set stop-losses, size your positions sensibly, and never bet the farm on a “sure thing.” The goal isn’t to win every trade; it’s to stay in the game long enough to win consistently.
Chasing a loss to “get even” resembles trying to fix a bad day by picking a fight you just end up more bruised. Losses hurt, but doubling down in frustration muddies your thinking and risks your account. The market doesn’t owe you a rebound. After a loss, pause, breathe, and revisit your strategy. Trading on tilt leads to regret. Stay calm and protect your capital instead of battling the market like it’s personal.