So you think cutting losers quicklyâ¦â¦ is the same as cutting losers prematurely Not even close RN
losers should be cut in a timely fashion winners should play out fairly quickly in your favor, at that point it's just a matter of exiting according to your system imo entries dont matter, its the exits that count...cut the losers short within minutes, let the winners run overnight this stuff isnt rocket science...
What if you all thought about the real question behind the OP? BE trading is a loser's proposition. Here is the real question, so please consider why the prior posters did not address the real question: Why is it impossible for some traders to grow capital by adding contracts and while keeping on doing the same process they currently engage in? Read an example of a past ET participant to see this characteristic in action. (See nodoji) Also read RN. Why can't this personal fear and anxiety being expressed by these people be overcome? The Behavioral Finance one pager "BF or BS" which answers the question. All of these slightly above BE people reach a limited income (they prove this by their attachments, if any, over the years) capacity and they forfeit becoming rich or wealthy.
Hey Jocko Tomorrow, just prior to the open Iâm going to take some Prozacâ¦. chase it with a six pack of Red Bull⦠and follow that with a pot of Robustaâ¦. May even throw in some DPs for good measure THATâLL GET ME GOING!!!!!!!!!!! I sincerely hope you think about this tomorrowâ¦.., and it brings you a chortle, or at the very least â a smile⦠The soon to be AMPâd UP redneck (bots won't stand a chance ) RN
Jack You there jack⦠I need you man The office â its spinning â in both directionsâ¦. I have diarrhea, itchy bowel syndrome, and the farts⦠Damnit I just pissed myself â Jack help me pleaseâ¦.. The candles â they are talking to me jack⦠theyâve jumped off the charts and are dancing aroundâ¦. Theyâre singing to me, telling me how Iâm going to loseâ¦.. NOOOO I canât bare losing Iâm anxious jack⦠Iâm afraidâ¦.. damn I just pissed myself again⦠NOOOOOOOOOO I canât function like this â¦â¦.. I need a towel.. and some depends Jack you got any depends???? Come on man â help a buddy outâ¦â¦ Oh damnâ¦. My skin â its crawling â oh shit â I pissed myself againâ¦.. And the candles â theyâve surrounded me now â I canât take this pressure Oh Jack â whereâ¦. oh where are YOUUUUUUUUUUUUU Disclaimer No children or small animals were harmed in the process of creating this post (at least to the best of my knowledge) Any resemblance to my actual state of mind/ well being â is purely coincidental (although I did think this upâ¦.) RN