Is it ok to loss??I say yes, and this dude posted below i don't know if he is wrong or right!
IMO, I think my morning reading of
@Oscar09 is a kind of one of the flavoured post that I enjoy reading.
So back to main subject, why is it ok to loss on a trade!
iSay, the hardest part of trading is learning how to handle loss, and when/where to cut your loss!
If you can not master on how to cut your loss and make up for it quickly, then you can not Trade!
You can only STT, and STT is not measured by hourly or daily, it's a minimum of weekly++ to monthly++ chart or Fundamental!
What other factor there for trading?
I recently traded IAM, when it fail by 7 pips I jump into it with joy, do you think I was not worried about the thining of the buy side. Yes I was, but I was happy to take the risk...I was trading IAM since SRT, I know the holder emmotion, the psychology, and all the assoicated matter, so therefore I gladly jumped on it at its low, and exited the next day at it's high. Small gap but good enough to satisfy my soul and my account.
Caclculated risk always take a number of knoweldge, on this instance, is understanding the thread and the holders gave me the confidence or boost to get in and get out, at low and max respectively.
When I read the post below, I said can it get worst than this? This is bad!
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