Uploaded August 2026 | Updated September 2026, 2 weeks ago
If you’re new to trading, forget chasing big wins. Master Rule #1: cut losses quickly. That’s the lesson I repeat more than any other because protecting your downside is what keeps you in the game long enough to capitalize on the best opportunities.
The goal isn’t to be right every time. The goal is to keep small losses small so your winners can do the heavy lifting.
If you’re new to trading, forget chasing big wins. Master Rule #1: cut losses quickly. That’s the lesson I repeat more than any other because protecting your downside is what keeps you in the game long enough to capitalize on the best opportunities.
The goal isn’t to be right every time. The goal is to keep small losses small so your winners can do the heavy lifting.
