Quote from: tvplus006 on June 02, 2025, 04:30:40 PM

Quote from: Joeboy on May 31, 2025, 10:34:02 AM

...This then bring me to the overlooked key to long term trading success which is ''Risk Management'' I know to some people this concept may not be as flashy as doubling your wins or make huge profit, but the truth and reality of the matter is that if your loses cannot be properly managed, you as a trader may not even last long to enjoy your wins...

Every Beginner who loses money in trading sooner or later comes to study risk management, as this is the only strategy that allows you to reduce losses. But as we know, it's not enough to know, you also need to follow risk management implicitly, otherwise your knowledge will be useless.

That is if they are serious enough but if not, then they will just leave easily or continue on doing the wrong thing. As a beginner, there is still a curiosity but I think it is better if we study first before doing the action. I always see the word "Risk Management", so this must not be overlooked.

This can even come from us naturally but we are only distracted sometimes to forget it. There are real overlook key to long-term trading success but they are hardly being shared for the said reason. There are some that can share it but not for free unfortunately. They are only optional though. We might even came across them on our own by either luck or dedication.