Today I thought instead of trying to figure out the best way to make money trading, I came up with how can I avoid big losses. I currently am working on an S&P futures strategy and was using S&R. This works but if you carry too many contracts you can get killed when the S or R doesn't hold. My Point? I'm going to trade one contract and target 3 points, instead of 3 contracts and two ticks. Sounds obvious I know, but it might help your trading, regardless of your instrument to think, how can I avoid big losses. This is the first key to success In my opinion.