I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose, my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk. Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here, are we going to continue in losing trade? I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.
right, your decision is very correct. if we cannot benefit from the trade, at least we do not lose capital in trading.
because many people withdraw from trade after losing all money, including capital, and this is very detrimental.
After losing value it is very good to hold them in the market instead of selling them for loos. Most of the people will afraid when the market is going down and start selling them for loos, in order to retrieve our capital we need to hold them for the long term.