Happy to see you're offering her a voice of reason.
This is all good advice.
Another good piece of advice to offer your friend is that they're not becoming a trader, they're becoming a risk manager haha.
It's all about preserving your capital no matter what because without managing your downside risk, it only takes 1 bad trade and you lose your entire account.
You can have 1000 winners in the meantime, but it doesn't matter if your 1 loser is bigger.
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I feel a large percentage of successful trading lies on risk management.
Thank you for stopping by. Cheers 😆
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