All right! When trading, it is important to follow the rules in order not to lose your money. Don't risk too much, start small. Use a stop loss to limit losses and always take profits when you have the opportunity. Instead of focusing only on profit, focus on controlling risk.
Yes, you've highlighted some important principles for trading. It's crucial to avoid overexposing yourself to risk, especially when you're new to trading. Start with smaller positions and gradually increase them as you gain experience and confidence.