This is kind of a big deal. Every trading book says how important money management is and to cut the losers quickly and let the winners run, but true to form, you do something different!
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This is kind of a big deal. Every trading book says how important money management is and to cut the losers quickly and let the winners run, but true to form, you do something different!
Yup. .. there are sooo many trading systems out there, and books .. Indicators, Fibonacci, patterns (head sholders, w pattern) and so forth..
I just try to explain why price moves the way it does. How people react to surprises and fear. Where to buy based on reading the chart, not predicting the future. Im a daytrader, so I am used to making fast decisions based on price movement, and naked charts.. No hokie pokie forcasting baloney.