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.
I never added to a loser making millions would be a snap.
Its the 10x to 50x base lot size (when showing a loss)
that kills my accounts.
Without that stupidity Id be free to pick boogers where ever and when ever I so choose.