Can You Take It?

Discussion in 'Forex' started by MarkBrown, Oct 6, 2008.

Guts got any?

  1. 1.)win often - win small - lose big.

    0 vote(s)
    0.0%
  2. 2.)win seldom - win big - lose small.

    5 vote(s)
    100.0%
  1. Wanna win 70% of the time or 30%?

    Thoughts -

    1.)win often - win small - lose big.

    2.)win seldom - win big - lose small.
     
  2. This is a paradox. It's a paradox because those that have the ability of winning often also have the skill of winning big and also has the ability of losing small. In other words they know when to cut their losses. On the other hand the big losers don't have a clue in the world as to past historical chart performances and chart characteritics so they will likely lose often and lose big resulting in a blown account.

    All you have to do is read threads from successful traders and unsuccessful traders although the aspiring trader would have a tough time categorizing between the two on this website.
     
  3. #2 he who loses small is the winner long term, this is the essence
    of trend following. Test the market with small size then go all in when you hook onto a trend, at least that's what they tell me.:p
     
  4. So this is not where a noob can gain any leverage?