📒 A Series of Dialogues on Trading:

🖋 Lesson: 16 — Risk Management

👼 Angel: What does risk management in trading mean?

🦅 Falcon: It is a set of rules that help you protect your capital and reduce potential losses while trading.

👼 Angel: And how can I protect my capital?

🦅 Falcon: By setting an appropriate risk level for each trade, using stop-loss orders, and avoiding investing large sums in a single trade.

👼 Angel: Can I avoid losses completely?

🦅 Falcon: No. Losses are part of trading, but good risk management helps limit them and gives you a chance to stay in the market.

🔥 Success in trading isn’t just about making profits; it’s also about protecting your capital. A smart trader doesn’t only think about how much they could gain, but also how much they can afford to lose.
■Dedication:
🦅💌 To my Angel, who taught me that protecting what we have matters more than greedily seeking more.

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