Many beginners focus only on "When to buy?", but the professional trader knows "When to exit?".
Risk management is the key to staying in this market:
Do not put more than 5% of your portfolio in one "High Risk" trade.
Set your take profit and stop loss before hitting the buy button.
Emotion is your number one enemy; stick to the plan and not to wishes.
Question for interaction: What is the most important rule you adhere to in order to protect your capital? Share with us in the comments! 👇