Trading is not a race to quick wealth, but rather a long journey that depends on prior planning and self-control. The greatest traders do not achieve daily profits; they achieve sustainable returns over the long term. Before opening any trade, you must know exactly why you are entering, where you will exit, and how much you are willing to lose (stop loss). Emotions are the primary enemy; fear causes you to sell at the bottom, and greed drives you to buy at the top. Adhering to a strict trading plan and prudent capital management (such as not risking more than 2% of your capital on a single trade) is what distinguishes winners from losers. Trade wisely, and do not gamble.
