Good job, following your rules is the most important thing in trading. Taking good losses is the difference between profitable and non profitable traders.
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Good job, following your rules is the most important thing in trading. Taking good losses is the difference between profitable and non profitable traders.
Thanks. Yeah, its a hard thing to do for new traders, that's why I figured this was a perfect opportunity to share how to handle these situations.
Also good to have predetermined rules, and strictly adhere to them in:
lol
Words of wisdom :)
I'll be in Vegas 3 weeks from now. I need to MAKE some rules for that trip!