DislikedYou can control the lion with whip and chair but take your eyes off him for a second and you’ll be lucky if he doesn’t take a pound of flesh with his claws or worse make you his meal.
Preservation of capital is an absolute must in the markets, unless you can print your own. To be really aggressive you need to be trading with a small percentage of what you’ve got stashed in your boot, so if it gets taken by the dealer you have enough to ante and play the game on the next hand.
You hit the market large and she goes against you, you’d better know how your going to handle it, just how far you can go and the point where you have to cut and run or else you'll have the deer in the headlights look right before you get ran over.
The markets have to move to make money, volatility is something to embrace not avoid, but to survive the long run, the mindset needs to be more of a marathon than a 100 meter sprint.
Fwiw,
AIgnored
Right now, in a demo account, I have not play, my margin are to the limit; a terrible feeling even when this is fake money. I guess I am not ready to risk 10 %. I am trying to determine my pain limit and my reactions when the trend goes against my playh. It is not a pretty sight. I am at the mercy of the market...Oh well...
Empty as water and soft as a facing wind mountain