PROTECT YOUR CAPITAL!!
If you can do just that, consider it a victory.
The market is a tough environment – challenging, unpredictable and often ruthless. It is a battlefield where only the resilient survive. It can be overwhelming at times, but if you manage to get in and out of a trade without losing your initial investment, you have already won an important battle.
Think of your capital as your ammunition in this war. If you conserve it, you will be ready to strike again when the time is right. Whatever you do, make sure you do not exhaust your resources. Losing everything is the biggest mistake you can make – always keep some reserves for the next opportunity.
