DislikedWell done for not taking a loss on a winner trade
Not many have this skill.Ignored
It's all about 2 things really:
1) knowing where the nearest ppz is (i.e., where will the trade likely turn around, which will lead to drawdown if no precautionary measures are taken)
and
2) tight money management (i.e., when reaching that first ppz, either take full profit, move your stop to B/E or better, or a combination of both. Anything is better than doing nothing.)
But I don't need to tell you that of course!
It's not about how much you make, it's about how much you don't lose.