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daniel_michir7
#AfricaTradingLessons
Decide how much you'll lose before you enter, size the trade so that loss is small (1-2% and never widen your stop. Survive first; profits come second.Protect your downside first; the upside takes care of itself. losses are asymmetric. Lose 50% and you need a 100% gain just to get back to even. Most people don't blow up because they picked bad trades; they blow up because one bad trade was too big, or they let a small loss grow while hoping it would come back
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