The  act of thinking in probability is what I see you talking about, and it is very true that a lot of persons does not think that way. A good number of traders are more focused on how they will make profits and forgetting to think about measures that will help them mitigate loses if they happen to suffer any,  They try to apply risk management but most times you can see the bias in the Risk management they are using, this goes to show their purposeful concern been only on profits and not the actual risk tied to it. It is good to have strategies and management patterns to help you with your trading, but always have the probability mindset and also make sure to have your risk management strategy so you are not liquidated by sudden market falls. Stop loss does help but make sure it is aligning with your risk, the amount you are willing to risk at all times. You also do not have to trade everyday to stay profitable, some weeks trade a few days and use the other days to rest.
The  act of thinking in probability is what I see you talking about, and it is very true that a lot of persons does not think that way. A good number of traders are more focused on how they will make profits and forgetting to think about measures that will help them mitigate loses if they happen to suffer any,  They try to apply risk management but most times you can see the bias in the Risk management they are using, this goes to show their purposeful concern been only on profits and not the actual risk tied to it. It is good to have strategies and management patterns to help you with your trading, but always have the probability mindset and also make sure to have your risk management strategy so you are not liquidated by sudden market falls. Stop loss does help but make sure it is aligning with your risk, the amount you are willing to risk at all times. You also do not have to trade everyday to stay profitable, some weeks trade a few days and use the other days to rest.

The  act of thinking in probability is what I see you talking about, and it is very true that a lot of persons does not think that way. A good number of traders are more focused on how they will make profits and forgetting to think about measures that will help them mitigate loses if they happen to suffer any,  They try to apply risk management but most times you can see the bias in the Risk management they are using, this goes to show their purposeful concern been only on profits and not the actual risk tied to it. It is good to have strategies and management patterns to help you with your trading, but always have the probability mindset and also make sure to have your risk management strategy so you are not liquidated by sudden market falls. Stop loss does help but make sure it is aligning with your risk, the amount you are willing to risk at all times. You also do not have to trade everyday to stay profitable, some weeks trade a few days and use the other days to rest.

The  act of thinking in probability is what I see you talking about, and it is very true that a lot of persons does not think that way. A good number of traders are more focused on how they will make profits and forgetting to think about measures that will help them mitigate loses if they happen to suffer any,  They try to apply risk management but most times you can see the bias in the Risk management they are using, this goes to show their purposeful concern been only on profits and not the actual risk tied to it. It is good to have strategies and management patterns to help you with your trading, but always have the probability mindset and also make sure to have your risk management strategy so you are not liquidated by sudden market falls. Stop loss does help but make sure it is aligning with your risk, the amount you are willing to risk at all times. You also do not have to trade everyday to stay profitable, some weeks trade a few days and use the other days to rest.