Thinking of entering the market now? Before asking how much you could make, first work out how much you could afford to lose.
First, don’t touch money set aside for living expenses or near-term needs. Second, buying in stages just means splitting up your orders—not adding to your position indefinitely. Third, write down your exit conditions in advance; stop-loss orders can still slip when prices gap. Fourth, beginners shouldn’t use high leverage to bet on the market’s direction in the afternoon.
Missing out on part of a rally is usually easier to deal with than being forced to ride out a loss. For risk-management discussion only. #TradingDiscipline