Respect our losses

Respect our losses
Have we ever respected our losses ??

The form of respect here does not mean we like the name loss, but at least we can be fair. Profit is grateful, Loss should also be grateful (luckily not Margin Call, right)

The form of honor is a stop loss to protect our account from total loss or the cool language of a Margin Call. that way we can become sincere. Avoid holding on to a loss position (how come you like to hold a floating loss position) because we have the reason HOPE AND POSSIBILITY that the situation will turn around, but we also cannot compromise the market

Advice Ed Seykota (brave cut-loss):
1. If you lose, immediately close your position,
2. If fortunately, let your profits move according to the trend,
3. If you cannot accept a small amount of loss, sooner or later you will experience a greater loss, (you must be brave cut-loss)

Respect our losses
Have we ever respected our losses ??

The form of respect here does not mean we like the name loss, but at least we can be fair. Profit is grateful, Loss should also be grateful (luckily not Margin Call, right)

The form of honor is a stop loss to protect our account from total loss or the cool language of a Margin Call. that way we can become sincere. Avoid holding on to a loss position (how come you like to hold a floating loss position) because we have the reason HOPE AND POSSIBILITY that the situation will turn around, but we also cannot compromise the market

Advice Ed Seykota (brave cut-loss):
1. If you lose, immediately close your position,
2. If fortunately, let your profits move according to the trend,
3. If you cannot accept a small amount of loss, sooner or later you will experience a greater loss, (you must be brave cut-loss)

agree, you should use a good mm and don't forget stop loss

Respect our losses
Have we ever respected our losses ??

The form of respect here does not mean we like the name loss, but at least we can be fair. Profit is grateful, Loss should also be grateful (luckily not Margin Call, right)

The form of honor is a stop loss to protect our account from total loss or the cool language of a Margin Call. that way we can become sincere. Avoid holding on to a loss position (how come you like to hold a floating loss position) because we have the reason HOPE AND POSSIBILITY that the situation will turn around, but we also cannot compromise the market

Advice Ed Seykota (brave cut-loss):
1. If you lose, immediately close your position,
2. If fortunately, let your profits move according to the trend,
3. If you cannot accept a small amount of loss, sooner or later you will experience a greater loss, (you must be brave cut-loss)

indeed, in forex, which is often called margin call, it is indeed a scary thing that is very frightening for traders because 99% of traders have experienced it. there are those who still survive and there are those who break up on the road aka drop out, those are all the effects of the MC.

For this reason, so that we avoid the MC, the main thing that needs to be taken care of is the best MM settings. With the smaller the risk at stake, the further away from the MC.

if for beginner traders who do not understand how to set a good money management, it is better for us to search various youtube sources and find a trading mentor.