Hope Trading
Posted: Wed Jun 08, 2016 2:41 pm
Something I recently wrote :
When u have losing trades, there must be a limit to cut them off. This has to be definitive. You must be certain. If you have a stop loss then it's there. If it's based on time, check on time and take the losses like a man.
When certainty morphs into hope, that is clear indication you've lost. So, once you delve into hope, close all trades as you are clearly certain about hope.
When u have losing trades, there must be a limit to cut them off. This has to be definitive. You must be certain. If you have a stop loss then it's there. If it's based on time, check on time and take the losses like a man.
When certainty morphs into hope, that is clear indication you've lost. So, once you delve into hope, close all trades as you are clearly certain about hope.