Disliked{quote} How can you blow an account if this happens? It happens with me all the time and this is how I make money. Don't expect that it will go in your direction soon after you have taken a trade. The logical way is to check the bigger timeframe/fundamentals and enter gradually on shorter timeframes. If it goes against you in shorter timeframes, add to you position but if it goes against you in bigger timeframe, get out.Ignored
All positions together will show significant loss only if several things go wrong at the same time but not before that. Trades will keep on hitting sls and tps, some tps are much wider than their respective sls and others are narrower. SLs and TPs are not based on good RR but likelihood of their being get hit/not get hit. When trading longer term, you may or may not get a good rr on every trade, however, good confirmation.
Attached Image
The Thief of Wall Street