DislikedCut your losses and let your profit ride.Be conservative when you are losing money and be aggressive when you are making some.Ignored
"Be conservative when you are losing money and be aggressive when you are making some."
I want to confirm if there is further essence to what you said:
If one were losing a couple of trades, does it imply one should reduce the position sizing to recoup what was lost before coming back to the original size.
When we are making money, we sort of add to winning positions sort of like pyramiding?
Thanks