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Because even if your strategy is valid and very good But lack of risk management will cause you to loose your profit. So what good is it if you cant retain your profit
Why is risk management often considered more important than having a profitable trading strategy?
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Because even if your strategy is valid and very good But lack of risk management will cause you to loose your profit. So what good is it if you cant retain your profit
Risk management is one of the most important things in trading that a trader myst learn because if there's no risk management then there's no limit for the loss... Professional traders have pre defined loss per trade