[00:02] immediately close a position as soon as the price starts to move against you. Let's remember. You enter a trade, the price hovers in one place, maybe returns to the entry point and starts to go into the minus by half a percent. And [00:16] on your screen, your pulse jumps, you immediately start to get nervous and, according to the market, you close the deal at a slight loss. Why is that? Not because the entry point is bad. In fact, the entry point may be quite good. And then the price [00:29] will go in the right direction, but without you. Because you're afraid of losing a lot of money. Because you're making cutlets, because you're investing too much in the position . If the risk was no more than 1% of the deposit, for example, I made a mistake and lost [00:44] $10 from a deposit of $1,000, leaving $ 990. Not so bad, right? There wouldn't be so much nerves. In general, the number one problem is over-protection and the lack of proper money management. I have a long video on my channel [00:57] about exactly this. Look, there's even more practical stuff there.