Anyone cover up their daily P&L ?

Discussion in 'Trading' started by Warrior4g, Dec 4, 2007.

  1. Arnie

    Arnie

    Trading improved once I did that. Trade what you see, not the pnl
     
    #11     Dec 4, 2007
  2. No, wrong. Your point of exit should not ever depend in where you entered or how much you made since then. The market doesn't know where you got in, so how could it influence your future expectations?
     
    #12     Dec 4, 2007


  3. Yes i do this, I have done it a long time. Your software should have a feature that puts all $$$$$$ to cover the P&L.
     
    #13     Dec 4, 2007
  4. amazing replies...
     
    #14     Dec 4, 2007
  5. mr19

    mr19

    always. while my system is automated so watching it doesn't affect my trading, it certainly has the ability to reduce my productivity. i still catch myself taking a peek more often than i should
     
    #15     Dec 4, 2007
  6. volente_00

    volente_00

    # 2 rule of trading


    :)
     
    #16     Dec 4, 2007


  7. :)
     
    #17     Dec 4, 2007