Breaking (otherwise set) staking limits - exceptions to rule

[Derek27]

I'm sure many traders like Derek and Peter can be flexible in staking without that problem appearing though.

In all honesty my relaxed staking has bitten me on the bum, on occasions. It's probably even more important for new traders or experienced traders in a new sport to regulate staking.

Last night in the CPL, the best batsman getting whacked on the side of his head (hope he's alright), followed by 4 of his fielders dropping easy catches - the market was as unbelievable as the match! I'll certainly be reviewing my liability limits on cricket, at least until I'm more familiar with the game.

[stueytrader]

Glad to hear your honesty with that Derek. Many successful traders like to pretend they have never had those 'bad' ones, or overtraded in their lives etc.

I'd guess we all have done stupid things trading at some point, maybe even Peter...

I've pondered this issue, and decided that for now I'm going to keep to my strict staking without allowances for going bigger. I know myself too well in that respect!