How to Avoid Losing Money Trading

To avoid losing money trading, don't risk more than you can afford, use stop losses on every trade, and never chase losses by increasing size or taking revenge trades. Emotional decisions are the main cause of big losses.

Learn in a demo first. When you go live, start small and only increase size when your results justify it. Accept that losses will happen—the goal is to keep them small and let your edge play out over many trades.