the 1 rule to survive in trading dont lose much

Transcript (Auto translated can have spelling mistakes)

So in order to succeed as a trader, the first thing we have to accept is that is that there's a lot of uncertainty. Yeah. We might have a a pattern that we've developed a system around and that system might be profitable in the long run, but each individual trade has a high degree of uncertainty. It could be a big winner, could be a big loser, could be break even, could be a little bit, you know, little win, little loss.

We won't know in advance what type of trade that is. So, in order to achieve the the profitability of the system or the the pattern in the long run, we need to put a little bit of risk on each trade. So if we're wrong, we don't lose very