As you focus on following a trading process and strategy; you need to also learn how to care for your trading capital. If you have ever seenn courses with risk management; it refers to your trading capital.
How can you protect your capital? You do so by making a trading or investment plan about how you are going to use your capital.
In this market either in a bull run or in a bearish state; we are all alone. In trading; everyone is here to make money for themselves, the profit you make comes from other traders so Always do your own research.
Good point in this one mate as mostly the concern is the success and the profit but not the capital in which the HEART of every traders because if even the capital lost then we will start from scratch again.
Just like in driving when we are good in Offensive driving but nood in Defensive in which the life saver of every drivers.
Maybe before starting to enter the world of trading ,we must also consider creating a security for our trading capital.