Trading is a process of exchanging risk for profit. Every order must bear possible stop loss in exchange for the possibility of profit. This is the most essential trading logic.
With such a trading idea, you will not be naive to think that to become a god in trading, you must only make money and not lose money, nor will you think about getting rich overnight, and you will not fantasize about pie in the sky. You will understand how important it is to be steady in trading.
Risk management must be the first step to achieve stable profit, and then consider the return. In addition, the return expectation also determines your risk value. There is no such good thing as taking 1 risk and returning 10 profits. Risk and profit must be proportional.
Therefore, in trading, we would rather lower the return expectation a little and strictly stop loss, so that the mentality is good and the execution can be good.
I am Brother Ming, who has been in the trading market for more than ten years. If you have any problems on the trading road, you can talk to Brother Ming!