aliassmith wrote:prochargedmopar wrote:Joe Ross once said:
"If I cant make $$ trading reversal bars,
I need to pull all the cash out of my accounts, close them out, and find another occupation.
Did he tell you to lose 600 pips and 50% of your account? Threw that risk control right out the window. . I'm sure
its not a big deal since you'll make +0. Athough its not a
simple task and even more diffcult taking 50% losses.
Risk control should be everyone's #1 rule.
-50% is the same as blowing up your account...
now deposit 12% of your gross income and try again