Quote from: Jegileman on June 05, 2025, 09:11:30 PM

Quote from: GreatArkansas on May 31, 2025, 11:38:37 AM

For me, profit is the main motivation for most traders. It's not the only key to long-term success. The often overlooked but crucial factor is risk management (this is very important), without this, even the most skilled trader can lose everything.

Managing losses wisely ensures you survive long enough to enjoy the gains.

Risk management is being overlooked by most traders, although that is not the way it is suppose to be. Risk management plays a vital role in the trading journey of even a successful trader. Without this, you can’t call yourself a successful trader in the first place because you’ll lost all your money to the market without realizing them. Risk management is crucial as it gives more room to adjust to corrections and also to take back from the market what it has taken from you after you’ve already understood the concept.

Successful traders are better known for their risk management policy they adhered to and even though you are not a successful trader yet, you can be a better trader to win in the market than a successful trader without risk management policy enacted in his principles of trading more. Successful trader will only be privileged to use more money than you can use, but if they don’t manage well, they can become bankrupt before you do that uses small capital to trade and grow account with proper risk management policy.

What were you talking about when you posted "most traders"? Are you talking about professional traders? Or are you talking about mere plebs like us?

Because if you're talking about mere plebs like us, what's there to "manage"? Most of "those traders" have a very little amount of capital that their only chance, as the believe, is to trade shitcoins on high leverage.