So I find it weird that I've lost on my last 10 trades in a row and this didn't happen until I began studying and watching HTMM, there has to be a reversal in my down trend at some point , good news is most of my account is still intact, that's all folks just posting what's on my mind
Small losses are fine but you need to stop thinking bout prior trades, take it 1 trade at a time, see how I turned around my recent losing streak too
I agree Tim, I break most of the rules but I am learnings lots of things I have gotten good at cutting losses way before disaster now that I know better
I had a 50% loss a while back that I think about everytime I place a trade and that lesson had allowed me to realize when I'm wrong and get out , it was XLIT and like a fool I went long with my tiny account when the short sellers where moving in
Just put in 10-15% of your account on the line on any given trade. Not more unless Tim speaks of an orgasm.
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