-
7 tips that will change your trading for the better instantly
Daily loss limits This tip made a big difference in my own trading. In the early days, I often had a few good days or weeks and then wiped out all my previous profits in just session and sometimes even with just one trade. Does that ring a bell for you? Nowadays, I have a daily loss limit and when I am down 2R, which means having 2 consecutive losses, I am done. No matter what. In the beginning, it was extremely hard to follow this rule and I was often tempted to go for that third trade when I saw a potential entry, and I often did. Today, when I am down two trades, I immediately shut down my platform. I don’t look ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 24, 2016 12:35pm Feb 24, 2016 12:35pm
- Guest
- | IP XX.XX.148.7
- Comment #2
- Quote
- Feb 24, 2016 1:00pm Feb 24, 2016 1:00pm
- FxAlTareeq
- | Commercial Member | Joined Apr 2015 | 37 Comments
- Comment #3
- Quote
- Feb 24, 2016 5:12pm Feb 24, 2016 5:12pm
- CoolJL
- | Joined May 2011 | Status: Member | 811 Comments
- Comment #4
- Quote
- Feb 24, 2016 9:28pm Feb 24, 2016 9:28pm
- scalpz
- | Joined Oct 2008 | Status: Target 1: SL in the green | 16 Comments
Target 2 : Stoploss in the green