DislikedDid anyone make a killing on Cable today? I believe the Billy Bar had a bit of to and fro before making up its mind this morning. If anyone here is trading large lots on Cable, how do you get over the fear of price moving against you so quickly that you cannot respond and it wipes you clean? I am wanting to start trading with a relatively large amount of capital (high leverage) but am worried that a sudden 50-100 pip movement might kill me. I've thought about keeping most of my cash in the bank and only placing 5k-10k with the broker to trade with,...Ignored
If you have fear you shouldn't trade. ( said nicely and positive).
You need the same mental approach whether a large or small lot.
You need a good method and stick to it.
i never ever use/used leverage.
i do have a couple of brokers and several accounts.
Try compounding to build confidence ....
cip cip cip bleat bleat baaaaa