Disliked{quote} Well you had plenty of time to take profit....or at least lock some in....when you see the momentum fading....smaller candles...dojis etc.....the flattening out of the price...meaning not going up or down....its time. Sure you know that....and if its only demo....there is no care factor.....I am a struggling trader....not ashamed to admit it....its a long road man....but a guy put me onto a book that i think is pretty good....thanks to him. Its in a commercials thread....so hope this link doesn't stuff up your threadhttp://www.forexfactory.com/showthread.php?p=8475574Look...Ignored
I've read the book.. twice.
In my opinion I believe that book is probably one of the most overrated books in trading. Mark Douglas could have written the whole premise of the book in 3 pages or less. The rest of the book is him telling stories only acting as filler for his book.
And I never had any intention of taking profit or locking in profit. This thread is more about changing the way I look at loss.. err risk. On a side note, honestly I am a very closed minded person and not open to new things, to which also another goal of this is I am reading what others have to say multiple times and trying to put myself in their thinking, but this is has to do more with my personal behavior rather than my trading behavior.
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