Trading Target Candles, page-698

  1. 8,720 Posts.
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    At the end of the day, the point of trade management is twofold (a) to maximise your profit from a trade but probably more importantly (imo) (b) is to minimise losses when you're on the wrong side of the trade. So I'm not stressed if I make a few small losses because I know I will have them (and if I don't use good trade management those small losses would probably otherwise be big losses) and then I will make my money when I'm on the right side of the trade.

    Cheers, Sharks
 
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