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Replying to Avatar Michael Saylor

The implementation of a risk-control mechanism, particularly for less experienced traders, is a critical component of effective trading discipline. Automatic account restriction upon reaching the maximum daily loss helps mitigate the negative impact of emotional decision-making, which often leads to irrational and excessive risk exposure.

Maximum daily loss limits are essential to effective risk management. Traders should confirm that their platform supports this feature, as it helps protect against losses caused by emotional decision-making. One undisciplined trading day can result in significant damage, while small, controlled losses over time encourage learning, adjustment, and long-term account preservation.

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Taylorgalland 3d ago

How do I get this done? Or what platform would you recommend

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