I'd kind of like to learn those things in college rather than to learn in the real world solely and
potentially lose profits.
Not exact matches
In other words, you could be a good trader and make a six - figure
profit, and still
potentially lose money.
Now, instead of a
losing trade you
potentially have a winning trade, and instead of
losing 1R you've
profited 2 or 3R or even more... that's a major difference in your trading account value.
By mismanaging stop loss and take
profit orders, taking
profits too soon or exiting
losing trades too late, traders often turn their
potentially profitable trades into painful losers.
Saying that Apple needs to sacrifice
profit margins to succeed, and even
potentially a willingness to
lose money, ignores the fact that it pursues exactly the same strategy with the iPhone.