There’s a moment that every trader remembers – the first time they blew up their account. It’s a mix of disbelief, shock, and a heavy dose of reality.
I’ve been there too, staring at the screen, the money is gone, wondering, “What just happened?”
It’s a pivotal moment. It can either be the end of the journey for many or the beginning of a journey to profitable trading.
Why is this important?
Because if you’ve blown up your account, it’s not the end. It’s a harsh, yet invaluable lesson on the importance of risk management.
It’s easy to get caught up in the excitement, the potential returns, and overlook the fundamental principle of trading – protect your capital.
So, how can you bounce back?
Take a deep breath and ask yourself:
– Did you stick to a conservative risk management criteria?
– Were your losses within the set parameters?
I personally had to face the uncomfortable truth, that my losses were a direct result of setting aside risk management. It wasn’t the market; it was me.
If you’ve ever wished for a guiding hand in trading, my Trading Signals service is your answer.
Born from lessons I learnt the hard way, these signals are your shortcut to avoiding costly mistakes.
Each signal is a blend of potential profit and calculated risk, ensuring your capital is not just protected but is poised for growth.
Click here to learn more about our Trading Signal service and transform this moment of setback into a journey of learning, growth, and profitability.
~ Dennis Kirui
To learn more about How you can Start Trading for a living, sign up below for my Free Training on the “7-Steps to Financial Freedom through Trading”.