Dislikedcorrect. FTI never said dont use stops average till you get out (that is foolish)
if you read the thread, it teaches you how to fight your way out of bad positions, but always protecting the book, the stop loss is mental, the objective is to never lose a trade,
by correctly assessing market form, and conditions, overall fundamental and technical.
it also teaches you about the sitting duck levels how brokers sweep for stop zones, so a stop loss (physical) is detrimental, there are ways to bring the book back to break even, if badly timed. if...Ignored
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!