This time, the focus will be on capital management, including aspects such as position sizes.
Position size is also a very important factor.
How to determine the appropriate position for each trade?
It depends on how many stocks to include in the portfolio.
When a portfolio is composed of a few stocks, profits can rise in a short period.
However, that is only when the market conditions are favorable.
One thing that should never be done is to concentrate investments in a single stock.
This is because if there is a failure with that stock, it would be the end.
The phrase 'Do not put all your eggs in one basket' is a common saying, but there is something else important.
That is, 'Trading is not a one-time event.'
There will definitely be a 'crash' every few years.
If it is understood that stock investment is one of the BEST ways to increase money, everyone should continue doing it.
It will continue either until death or until becoming senile and not understanding anything.
In doing so, it is certain to encounter a 'market crash' at least once.
Moreover, it will happen multiple times.
If there was only one stock at that time... the risk of ruin is high.
...

Top traders (or investors) decide at the time they buy the Stocks how much they will sell for.
It may seem unbelievable, but this is true.
I first learned about this before I started investing in Stocks, when I was studying "Entrepreneurship" and "Marketing" while trying to start a business.
At that time, the first book I read was Robert Kiyosaki's 'Rich Dad Poor Dad.'
I don't remember which book in the series it was in, but what I greatly questioned was,
"People who are good at Stock investing, whether the stock price goes up or down, they remain unfazed. If it goes down, they are even happy about it."
"People who are good at Stock investing have already decided at the time of buying the Stocks how much to sell them for."
These are the two.
All of the books in the series should have been read, but those two reasons were not mentioned.
There was always a feeling of unease.
Knowing the answer came much later.
The investment advisory service 'Rich Man's Investment Techniques' started by billionaire Mark Ford, and I found it in the newsletters and the book by the legendary trader, Mark Minervini...