If you trade without risk management rules, you are in fact gambling.
You are not looking at the long term return on your investment. Rather, you are only looking for that “jackpot.”
In fact, Risk management rules will not only protect you, but they can make you very profitable in the long run. If you don’t believe us, and you think that “gambling” is the way to get rich, then consider this example:
You can see, the people go to Las Vegas all the time for the purpose of gambling their money in hopes of winning a big jackpot, and in fact, many people do win.
Think a moment, how casinos still making money if many individuals are winning jackpots in the world?
You are not looking at the long term return on your investment. Rather, you are only looking for that “jackpot.”
In fact, Risk management rules will not only protect you, but they can make you very profitable in the long run. If you don’t believe us, and you think that “gambling” is the way to get rich, then consider this example:
You can see, the people go to Las Vegas all the time for the purpose of gambling their money in hopes of winning a big jackpot, and in fact, many people do win.
Think a moment, how casinos still making money if many individuals are winning jackpots in the world?
