I agree with that, but there's also a difference between how successful and unsuccessful traders deal with green screens.Dallas wrote: ↑Tue Feb 13, 2018 4:33 pmI'm sure I have seen this quote once from a wise old man some where
"I have said this countless of times on this forum, but the difference between a successful trader and a bankrupt one, is what they do when faced with a red screen"
Undercomplicated and sums it up.
I can't remember who said cut your losses short - let your profits run long. It takes experience and discipline to learn; greening-up for a 2 tick profit and cutting your losses at 5-6 ticks is where I used to go wrong when I started trading. It may not bankrupt you but at the very least it wipes out all your profits!