What are your thoughts on cutting a position before a stop loss has been reached? I have been doing this in the past few weeks with good success. I also sometimes cut my position before the target.
My winners are still bigger then my losers and I have a 70% hit rate. Is that good trading or am I doing something that will blow up in the end?
My winners are still bigger then my losers and I have a 70% hit rate. Is that good trading or am I doing something that will blow up in the end?