Tight stops vs. loose stops vs. no stops

Discussion in 'Forex' started by Scarab, Mar 18, 2004.

  1. whenever i involve myself in a trade, E S T (entry stop target) is a must. i feel when i develop a stop for myself i know what i am comfortable with losing if trade goes against me. In doing so i eliminate any fear i may have in the trade. knowing my risk and staring it in the face and accepting it i feel is vital is trading. yeah im upset the trade didnt add some green to my screen but im not sweating or pissed off bangin the desk and rippen the hair outta my head.....plus im 25 and wanna keep all the hair i can....
     
    #71     Mar 24, 2004