1. Whenever you enter the market, you will always set a stop-loss point in advance and always avoid setting a stop-loss point at a price that is easy to reach in the market. If the analysis is correct, the market will never return to the stop price. If the market reaches the stop loss point, it means that the transaction has made a mistake.
2. The most destructive mistake in trading is excessive impulse. Anyone should trade according to the established trading signal, and never change the trading strategy hastily because of impulse. Therefore, not impulsive is the first priority of risk control.
In trading, you must learn to control risks, and you must prepare for the worst. So you must operate in small batches and control the loss of each transaction within 3% of the funds.