Tired of Cutting My Losses Short

Discussion in 'Risk Management' started by enkidu, Jul 31, 2008.

  1. There is no conspiracy theory, it just that smart money beats dumb money every time. I am a proponent of tight stops and staggered entry points. It will always come down to trade management followed by money management in my opinion. Good luck all.

    Happy Pip Hunting!!!
     
    #41     Aug 26, 2008
  2. Darshan

    Darshan

    Calm yourself, I used to be an emotional trader and guess what? It DOESN'T work. I don't even have P&L on my screen anymore to keep detached from winners and losers. Emotions play a big role in how you trade and they SHOULDN'T.

     
    #42     Aug 27, 2008
  3. You can Hedge Retail Forex at Dukascopy.
    Decent platform.
     
    #43     Aug 27, 2008
  4. ps0013

    ps0013

    I agree with Cutten. I had the same problem and drastically cut share size. Now I am capable of holding on for longer periods of time and more often the trade comes back to me, but you also have to be careful...have a predetermined stop.
     
    #44     Oct 5, 2008
  5. aonelite

    aonelite

    Seem like almost everyone here is so successful as a trader.
     
    #45     Oct 6, 2008