1. If position was not big and market made a good move in one's direction, that is a lost opportunity. Thinking about this will only bring frustration and nothing else. Thinking about this will encourage a trader in taking a big position on next opportunity and for sure that next opportunity will turn into a disaster
2. If position is "Big" that means this is beyond a trader's normal position and therefore few pip profit on this position will bring good profit. Seeing this profit trader will close the position fearing these profits will disappear on a small move against the position. However, if pa goes in the opposite direction, the trader will always think since its a Big position let's see some drawdwon before making huge profit.
3. My Gambling Rule #2: There is limit to how much you can lose but no limit to how much you can win. If you keep on taking big risks, will soon run out of your capital.
4. I am a pussy trader and want everyone to be like me.
The Thief of Wall Street