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A trader must always remain emotionally stable. The moment you let fear, greed or anger take the lead, you’ve already lost. You can make a huge profit in a single day, but without risk management and profit protection, you can give it all back to the market in a matter of minutes. It doesn’t matter how much you manage to make today. What matters is how much you’re able to hold on to and grow over time. Learn to control your emotions, manage risk and protect your profits. Only then will you be able to succeed in the long term.
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