‼️Every week I receive such messages from TradingView with asking help
What do I need to do to help u learn risk management?
Picture above: M has open loss $130 000. He can't sleep and eat good. That is a price of such mistake.
How to avoid such situations:
✅ Always use risk limits per day, per position, per week.
For example my loss limit per week is 4% after I close everything and rest.
✅ Use risk management soft which will control account 24/7. Especially if u give account to another trader.
✅ Don't trading when u don't see accurate situations.
✅ Learn before u trade. Better to spend 2 — 5k for good education and sleep well than do such horrible mistakes.
P.S. Our educational course is avaible. Write now to buy it with better price: 👉 @v_bikotrading