Three classic risk-management mistakes

Mistake 1: entering without knowing how much you can lose. If the stop is not defined in price and money, you do not have a trade — you have hope.

Mistake 2: copying someone else’s lot size. Correct size depends on YOUR account, YOUR risk % and YOUR stop distance.

Mistake 3: doubling risk to recover the day. The market does not owe “what you lost”. Daily limits protect tomorrow.

SafeCandle school spends a full module on this because risk separates serious study from expensive entertainment.