"Fund management is not defense"
Many traders
think fund management is a “technique to avoid losing.”
That’s not it.
The essence of fund management is
**“a design to continue”**.
More than winning trades,
a structure that avoids ruin is more valuable.
If you increase the lot size,
there are times you can recoup instantly.
But at the same time,
you can disappear from the market in an instant.
Capital is life.
Only those who do not reduce it
will have the next opportunity.
Protection guards not only profits.
It is the very “qualifications to stay in the market.”
Only those who survive
can finally grow their capital.
Trading is not a world where winners stay behind.
It’s a world where those who remain become the winners.
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