Sunday, 19 February 2012

YOUR BIGGEST LOSER CAN’T EXCEED YOUR BIGGEST WINNER

YOUR BIGGEST LOSER CAN’T EXCEED YOUR BIGGEST WINNER 


Keep a trade log of all your trades throughout the session. If, for example, you know that, so far, your biggest winner on the day
is five e-Mini S&P points, then do not allow a losing trade to exceed those five points. If you do allow a loss to exceed your biggest gain then, effectively, what you have when you net out the biggest winner and biggest loss is a net loss on the two trades. Not good.

1 comment:

  1. I would advise that you stick with the #1 Forex broker: eToro.

    ReplyDelete

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