great stuff. you will need the $ to pay for the short euro under water by 150 plus ticks. more wind pissing. Rule #1: Don't panic. no issues, i am long. Rule#2: Think objectively about your position. dont have to, feet up . Rule#3: Create trade management scenarios. it manages itself. Rule #4: Execute flawlessly with cold objectivity. and don't ever use a stop. i luv this shit........... when are you going on the road or teaching the next class....? My rulz. and spelling counts also. unbelievable. s
We've all had trades get away from us..even you. So scamper back into your mousehole and watch from there how I manage this trade. Rule #1: Don't panic. Rule#2: Think objectively about your position. Rule#3: Create trade management scenarios. Rule #4: Execute flawlessly with cold objectivity. My rulz.
My stops are "dynamic". Why place hard stops when the market is ever changing? My stops are on the fly..dependent , in part, on the next candle. how can you predict the future, isn't that what a hard stop is??