All Trader must listen
I’ve noticed a common mistake among many traders around 90% of people do this. In the beginning, they avoid using a stop loss or hesitate to accept small losses. But eventually, there comes a moment when their funds become too risky, and they are on the verge of full liquidation. When that happens, the stress of a big loss hits, and trying to recover from it often leads to even more losses.
Improvement in this area is crucial. The day you learn to trade properly not like gambling you develop discipline within yourself. You gain control over the market instead of letting the market control your trades. That’s the day you truly become a trader. Learn to book small losses regularly, because over time, they won’t bother you anymore.