Listen to my words literally
I have lost a lot of trades and a lot of currencies
Why? What is the reason?
Come, let me tell you that
Dear esteemed one
Trading requires patience and endurance; when you see the candles dancing in front of you in red, you rush to sell at a loss!
For here you are burning your money, exhausting your nerves, and carrying what you cannot bear!
No, here you are entering a sea of waves and storms, so you must remain calm and control yourself until you recover the loss
The market is like tides; one day there is a flood and the next there is a drought, just like in seas and oceans. Don't expose yourself to the flood, move away, and when the drought comes, get closer.
Take it from a trader who has tasted the bitterness of losses and faced the strongest waves. Don't rush with the market collapse; try to set a stop loss if possible and preserve your capital. Capital is the first essence and the cornerstone of trading.
The market collapse in moments doesn't make you collapse and jump from one sea to another. This is what happened to me; I was moving from one currency to another, and here capital was consumed in loss after loss.
No, my dear trader
The market collapse is followed by a recovery in a few days, and red candles are followed by long green candles that sweep away what you lost in an hour or a few hours. Patience is the key to all success.
And please accept my sincere regards
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