Probably, you are completely aware that when you bet big, you can win big, right? As a result, you need to know what is the amount of units of currency that do you want to buy or sell. Without this previous notion, you can end up taking trades that are far too large for you.
For a large number of traders the aggressive behavior is tied to their self-confidence, but with time and aware determination, they will eventually understand that his trading positions don’t measure their value as a trader.
So, the most important rule is to be conscious of your limits. If you want to trade with careful, you just need to keep your bets small enough in order to also lose small. In this way, you don’t put in risk your emotional response.
However, we believe that what really influences the difference between effective and ineffective traders is the way that each one makes of their risk management.