Brothers, how to protect the money you earn in trading and prevent losses from affecting your principal may be a question that each of us needs to think about again and again.

When hot money is running through your mind, it is easy to forget the principles of trading. Once you lose control of your own money, it's really over. I've been through this kind of failure before, going in and out of bankruptcy, taking it for granted that I kept chasing the market, and ended up losing everything. But in fact, there is only one reliable way to stay in this industry for a long time—guaranteed capital! ".

My current strategy is that once a trade makes a profit, I will take the money back no matter what and will not continue to be bullish. At the beginning of each month, I will also set a limit for myself in advance. Once I break through that line, I must close all positions and end the current entry. With this layer of protection, I feel the risk is much better.

In fact, preserving capital is far more important than getting rich suddenly. As long as your income exceeds your expenses every month, you have already won in life. If you encounter losses occasionally, don't blame yourself too much. Just observe whether there are any problems with your psychology and operations. The main thing is to maintain a positive attitude.

Each of us has different qualifications and circumstances, and our tolerance for risk is also different. But no matter what strategy we choose, protecting every penny of our hard-earned money in front of us should be on our mind. I hope these suggestions can give you a little help.