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timothysykes
1
timothysykes Jun 15, 16 8:11 AM

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

stockBuddy
stockBuddy Jun 15, 16 8:19 AM

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

stockBuddy
stockBuddy Jun 15, 16 8:23 AM

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

imtiazahmad007
imtiazahmad007 Jun 15, 16 8:41 AM

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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