Cutting profits short and letting losses run is a strategy for a lot of people.
The opposite is recommended!
Trading rules you live by?
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- Posts: 11
- Joined: Wed Nov 16, 2016 10:09 pm
Before every race I say "I'm not going to trade this race, i'm just going to watch it"
This stops me over trading and trained me to naturally only open a position once i saw an opportunity.
I used to be disappointed with myself for not being able to find an opportunity in a market and instead of leaving it alone I'd end up guessing.
This stops me over trading and trained me to naturally only open a position once i saw an opportunity.
I used to be disappointed with myself for not being able to find an opportunity in a market and instead of leaving it alone I'd end up guessing.