The translation is: “Do not increase the lot size with ‘confidence’”
After winning, people raise the lot size.
Things are going well.
Momentum is on your side.
The moment you think that,
many traders crumble.
Lot size is not something you touch based on emotion.
It should be calculated from your capital.
With one loss,
how many percent does it decrease?
Make that the sole standard.
Confidence vanishes.
The market also changes.
But only one thing never betrays:
risk management.
Survivors do not change the lot size based on mood.
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