Risk Management in Trading

Why is Risk Management Important ?

Without proper risk management, your capital could deplete quickly. This is one of the most essential principles in trading.

 

Using Stop Loss and Take Profit Orders:

Setting stop-loss and take-profit levels helps you limit losses and secure gains when the market moves in your favor.

 

Controlling Emotions:

Emotions play a significant role in trading decisions. Having a clear trading plan allows you to manage emotions and avoid impulsive actions.