I have seen many posts on Square where people face significant losses. For example, they make trades with a margin of 3 dollars, but their losses reach 53 dollars. This happens primarily because they do not understand risk management and do not close their trades when facing small losses. Instead of taking a loss of 1 dollar, they end up with huge losses relative to their portfolio, such as 53 dollars.
To avoid this, it is important to understand one key point: profit is not always guaranteed, just like losses. The most important thing is to know when and at what time to exit a trade.
