Eight Iron Rules to Make FX Trading a Main Source of Income: Rule 2 – That Revenge Trade Will Kill You

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Kanitorederu. You publish trades daily on YouTube Live and achieved 3 million to 10 million yen. In 2019 as well, every day from 22:45, face-shown live commentary. The theme is "Help viewers win" and "Healthy FX Channel."

Twitter:https://twitter.com/keibakinma

The Revenge Trade Hinders Capital Management

In FX, more important than finishing the present trade with a win is simply surviving. If you continue, you will improve at trading, and your experience will accumulate as you experience various market conditions.

To survive, many books and web articles say that "capital management is important." This is, of course, true. However, capital management has a very wide meaning, so you must understand it concretely and implement it.

This time, I will explain how dangerous "revenge trading" is. Avoiding loss and protecting your own assets is also a form of capital management.