Trade with the trend + trade smaller (less risk, less stress) + trade only A1 setups (this means passing on 80% of setups that initially look good) + exit losing trades quickly = should never see a 50% loss over the course of a year again.
But rule number 1 = protect your capital - treat every $100 win as a small victory and keep on chipping away....
You've lost 60k but you've also got 65k to protect!
Short Term Trading Weekend Lounge: 18 -20 May, page-100
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XAO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,379.7 |
Change
-42.400(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,422.1 | 8,422.1 | 8,323.9 |
| XAO (ASX) Chart |