All trading disclaimers in every investment and financial websites stated that trading involve risks. There are some risks which you can control. If you do not control your risks properly, you are reckless in trading and you guarantee not going to be a successful trader.

What you cannot control:

1. Market movement

What you can control:

1. How you react to the market movements
2. When to trade
3. When not to trade
4. When you should exit
5. How much you want to risk per trade
6. Your Emotions

Now you know that the only thing you cannot control is market movement. Therefore, you must FOCUS on the things you can control.

Traders often misunderstood the concept of risk in trading. What is difference between reckless in trading and controlled risk?