I am just curious. Do experienced and successful traders still have huge losses? I am supposed to limit my losses to -10 pts, or -$50 on the YM trading just 1 contract. But I ended up taking a -$960 loss today with a 3 contract position. Can somebody help me with how I could overcome this. I took a -$660 loss on a two contract position last week also. Thus, usually my hard work for the whole week is wasted away in one or two trades. I usually make 30 RTs per day if that helps.