I love to be a day trader and trade stocks online to make money. The truth of day trading is sometimes you lose. At times, your trade ideas and trade plans just do not work out the way you think. When this happens, you lose money and it’s never a fun thing. With that being said, let’s just show the truths and illustrate why risk control and management is so critical. There is no such thing as a perfect trader and knowing this should help you to learn more about and focus on risk management. If you want to learn how to survive in this world of day trading, you better set the ego aside and realize that, at times, you will lose money. Keep the loses controlled so that in the big picture you can continue to make money.